Bank of England rate rise – one year on, has it helped savers?

Bank of England rate rise – one year on, has it helped savers?

Bank of England rate rise – one year on, has it helped savers?

Today, 2 August, marks exactly one year since the Bank of England increased the base rate from 0.5 to 0.75%

Ewan Edwards
Fri, 08/02/2019 – 08:01

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The hike should have been good news for the UK’s savers. In reality, many banks were slow to pass on the increase, or didn’t pass it on in full.

This is unfortunately…

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