A finance expert has revealed the 10 things every saver should be doing to make the most of rising interest rates. With the Bank of England regularly increasing the base rate, which now sits at 5.25 per cent, interest rates are the highest they have been since Feb 2008.
Brian Byrnes, head of personal finance for the savings app, is now urging all savers to make the most of all available opportunities to boost their savings and grow their money over time. He said: “While older people will remember navigating prolonged periods of high-interest rates in the 1980s and early 1990s, over the last 15 years a whole generation of savers grew accustomed to managing their finances under very different economic conditions.
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