Will saving/deposit interest rates in the UK really improve if the base rate goes up? One chart might answer the question

Here is a chart of the average quoted interest rate on savings/deposits in the UK (Source: Bank of England) since 2011, What the chart shows us: Savings interest rates have become detached from the base rate (blame Quantitative Easing?) Savings interest rates have been in decline, no wonder savers are taking more risk with their … Continue reading Will saving/deposit interest rates in the UK really improve if the base rate goes up? One chart might answer the question