Interest Rate Rises

[Sarah]

NS&I

Direct Saver and Income Bonds customers will also see their interest rates increase to 2.85%, up from 2.60%, from today.

https://nsandi-corporate.com/news-resea ... ost-savers

[macliam]

NS&I

Direct Saver and Income Bonds customers will also see their interest rates increase to 2.85%, up from 2.60%, from today.

https://nsandi-corporate.com/news-resea ... ost-savers

Given that it's still a cheap way for the government to increase debt, I'm not surprised.

[Sarah]

Ford Money

In line with Our Best Rate Guarantee we’re increasing the interest rate on our Flexible Saver effective 15th February 2023 as follows:

Current rate New higher rate
2.76% Gross 2.86% Gross

https://www.fordmoney.co.uk/savings-pro ... ible-saver

[Sarah]

Shawbrook

Easy Access Account Issue 33
AER 3.06% Variable

https://www.shawbrook.co.uk/direct/savi ... sy-access/

[Sarah]

Marcus

We've increased our interest rates by 0.30%

New underlying interest rate Previous underlying interest rate
2.55% AER / 2.52% gross* (variable) 2.25% AER / 2.22% gross* (variable)

That becomes 2.85% including their tediously separate 0.25% bonus. The change takes effect today.

[Sarah]

Ford Money

In line with Our Best Rate Guarantee we’re increasing the interest rate on our Flexible Saver effective 1st March 2023 as follows:

Current rate New higher rate
2.86% Gross 2.96% Gross

https://www.fordmoney.co.uk/savings-pro ... ible-saver

[Sarah]

Virgin Money 1 Year Fixed Rate Cash ISA Exclusive

Fixed rate of 4.25% AER / Tax-free P.A.

Maturity date: 29/03/2024

[Sarah]

Ford Money Fixed Saver 1 Year.

4.02% Gross

https://www.fordmoney.co.uk/savings-pro ... ixed-saver

[Sarah]

Ford Money

In line with Our Best Rate Guarantee we’re increasing the interest rate on our Flexible Saver effective 16th March 2023 as follows:

Current rate New higher rate
2.96% Gross 3.06% Gross

https://www.fordmoney.co.uk/savings-pro ... ible-saver

[Sarah]

BoE 4.25% (+0.25%) confirmed.

The UK's inflation rate is currently higher than any other of the world's advanced economies, with prices rising by 10.4% in the year to February, in contrast to the US and the Eurozone where inflation has eased to 6% and 8.5% respectively.

Food inflation hit 18.2% and is now running at the fastest rate in 45 years.

https://www.bbc.co.uk/news/business-65048756