Human and animal trials for a British vaccine against the coronavirus are set to begin next week at the Government’s secret science base Porton Down. Scientists will test the drug, made at Oxford University, on animals at the Wiltshire base before trialling on humans next month. The Times reports that the Phase II trials will … Read more
Savers set for a double-whammy as base rate is slashed to lowest ever level of 0.1%… but many banks haven’t even passed on last week’s cut yet The Bank had already cut base rate last week from 0.75% to 0.25% This rate influences banks determining mortgage and saving rates One expert says we are living … Read more
With the emergency base rate cut, a Budget and markets crashing amidst the escalating coronavirus crisis, many will be worried about how this chaos will hit their finances. In theory, mortgage holders with tracker deals and most of those on standard variable rates and discount rates should see a slight reduction in their monthly bills … Read more
Banks and building societies have already started slashing rates on some of the best savings deals, just two days after the Bank of England announced an emergency base rate cut to 0.25 per cent. Three of the seven highest-paying easy-access accounts have either been pulled from sale or seen their rates cut, while some of … Read more
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Banks withdraw savings accounts after base rate is slashed to a joint record low of 0.25% By Fiona Parker For The Daily Mail Published: 21:51 GMT, 13 March 2020 | Updated: 09:18 GMT, 14 March 2020 Banks and building societies have rushed to pull more than 25 savings accounts, dealing another blow to long-suffering savers. … Read more