Better interest rates

Using the same approach as the Bank of England does for its average effective interest rate data, the BSA has found that savers with building societies earned £3.7 billion more interest in the five years to the end of 2020 than they would have done if they'd earned the average rate across the Bank of England's sample of major savings providers.

 

 

 

Go back:

Contact

Andrew Gall

Head of Savings & Economics

andrew.gall@bsa.org.uk