We have updated our Privacy Policy and our Cookies Policy. The cookies that we use make our website work and helps us to analyse how the site is used by our visitors and improve our services.
Allow activity tracking?
I want to manage my cookies - Find out more
According to Independent research published today by SavingsChampion.co.uk
Susan Hannums, Director at Independent Savings Advice site Savingschampion.co.uk says: “Building societies and challenger banks continue to show their support to savers in the form of better rates. While the challenger banks work to entice new savers, the building societies work to keep their existing ones. The challenger banks are bucking the trend and without them the bank’s figures would be even worse! “It is clear that the traditional banks have little interest in encouraging existing or new savers to put more money with them, as the rates on offer continue to fall dramatically despite no movement in the Base Rate. For those savers who have an account with a traditional bank, it would be worth seeing how much better off they could be by switching.” Full content of the press release can be found here:
Hilary McVitty
Head of External Affairs
By subscribing you consent to us sending you press releases