UK savings: 5% interest rate deals may not last, say experts
Competition is hotting up, with National Savings & Investments lifting rates to the highest in years National Savings and Investments (NS&I) has increased…
The Guardian reports: Competition is hotting up, with National Savings & Investments lifting rates to the highest in years National Savings and Investments (NS&I) has increased the returns on some of its accounts, with many now paying more than 5% for the first time in nearly three years.
Competition in the savings market has been growing, leading to some of the highest interest rates for years.
This business story centres on the United Kingdom. Names and organisations mentioned in the coverage include UK, National Savings and Investments.
Why it matters
Business and economic news can ripple through prices, jobs, investments and household budgets.
Key details
- Location
- United Kingdom · Europe
- Reported by
- The Guardian
- First reported
- Key names
- UK, National Savings, Investments, NS
- Section
- Business
Sources
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