Personal money special Find best savings rates
(Picture: PA Archive)While millionaire minister Jacob Rees-Mogg moans about his mortgage repayments going up, how about us mere mortals - are there any silver linings to this financial Gordian knot the government’s got the country into?
The inverse impact of the Bank of England’s interest rate hikes mean savers are being offered fairly decent deals after years of paltry offers.
Rates for instant access, current and fixed-rate accounts have seen varying refreshes as providers compete to secure customers’ hard-earned cash.
Savers are also now being encouraged to refresh any old accounts languishing with poor rates of return, and get their money working for them at better rates.
All this comes as foreign secretary James Cleverly refused to rule out another economic u-turn by the government, this time over corporation tax, when pressed over the fallout from Kwasi Kwarteng’s calamitous mini-Budget.
So, if you’re a saver trying to put aside a few quid this winter, how to find the best deal?
The Leader’s joined by Anna Bowes, co-founder of Savings Champion, to discuss finding the best bank and building society savings deals - and the pitfalls to avoid.
Listen here or here:
