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UK households are always looking for ways to make their money go further amid the cost of living crisis and savings accounts can help.
After years of low rates, high-yield savings accounts are having a moment even as the Bank of England cut interest rates from a 16-year high of 5.25% to 5%. While homeowners face higher mortgages, there is a silver lining in higher borrowing costs and consumers can now find UK savings accounts offering higher than inflation rates.
The UK rate of inflation came ...
>>> Read more: Best UK savings accounts offering above inflation rates
After years of low rates, high-yield savings accounts are having a moment even as the Bank of England cut interest rates from a 16-year high of 5.25% to 5%. While homeowners face higher mortgages, there is a silver lining in higher borrowing costs and consumers can now find UK savings accounts offering higher than inflation rates.
The UK rate of inflation came ...
>>> Read more: Best UK savings accounts offering above inflation rates
