Last Thursday saw the Bank of England cut interest rates a quarter of a percentage point from 5.5% to 5.25%, however, the rates on some savings accounts have come down by far more. Saga has made bigger-than-expected reductions, the over-50s specialist has cut the rate on its one-year fixed-rate account from 6.35% to 5.50%, a [...]

More: Savings rates not falling in line with interest rate cuts

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