Rolling coverage of the latest economic and financial news, including the Bank of England interest rate decision at noon
Bank of England interest rate decision on knife edge after inflation fallNationwide launches 8% account as battle for UK’s savings intensifies
Competition among financial firms for a slice of the nation’s savings is intensifying, with Nationwide launching an account paying a “market-leading” 8% interest.
A string of Bank of England interest rate rises have pushed up savings rates across the board, and many experts expect another one on Thursday.
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