cuts Archives - Page 57 of 57 - Tech

‘Cuts are inevitable’: Savers warned to prepare for another reduction in interest

March 22, 2020 by Read Sector

‘Cuts are inevitable’: Savers warned to prepare for another reduction in interest after base rate change Most banks and BS will start cutting rates in ten days’ time, expert says They will account for two changes in Base Rate, that has been cut to 0.1% By Jeff Prestridge for The Mail on Sunday Published: 22:59 … Read more

Starling Bank cuts in-credit interest rates for current account customers

March 16, 2020 by Read Sector

Starling Bank slashes the interest rate it pays to in-credit current account customers by up to 90% Starling currently pays 0.5% on balances up to £2,000 and 0.25% above that From 18 May these rates will be cut to 0.05% Starling blamed the Bank of England’s emergency base rate cut Could others like Nationwide and … Read more