Last week’s base rate cut to 0.5% was a ‘kick in the teeth’ to savers, the Building Societies Association (BSA) said.Savers “will see their already diminished interest payments fall even further,” said Adrian Coles, BSA director-general. The Bank of England cut rates to a new record low of 0.5% on Thursday in an effort to [...]
Savers ?kicked in the teeth? by rate cut
