Savers suffer slew of rate cuts

Press Association
File photo dated 02/01/07 of a piggy bank as instant access and cash Isa accounts have suffered around 20 rate cuts a month on average over the last year and-a-half, consumer group Which? has found. PRESS ASSOCIATION Photo. Issue date: Sunday March 16, 2014. The research found savings providers have hacked rates on these accounts 343 times since August 2012, despite the Bank of England base rate being stable during that time at 0.5%. Which? found that rates have even been slashed at the height of
File photo dated 02/01/07 of a piggy bank as instant access and cash Isa accounts have suffered around 20 rate cuts a month on average over the last year and-a-half, consumer group Which? has found. PRESS ASSOCIATION Photo. Issue date: Sunday March 16, 2014. The research found savings providers have hacked rates on these accounts 343 times since August 2012, despite the Bank of England base rate being stable during that time at 0.5%. Which? found that rates have even been slashed at the height of

%VIRTUAL-SkimlinksPromo%Instant access and cash Isa accounts have suffered around 20 rate cuts a month on average over the last year and a half, consumer group Which? has found.

The research found savings providers have hacked rates on these accounts 343 times since August 2012, despite the Bank of England base rate being stable during that time at 0.5%.