savings rates likely to improve in January

so I'd wait until the new year before fixing. The government are changing their funding for lending scheme effective from January, which means banks will likely wind up paying more on savings.

2% is about market rate at moment but you may get a nudge more if you wait.

See here for more information:

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Posted By: pat_abb on December 6th 2013 at 20:34:37

Message Thread

Financial savings advice required please..... (General Chat) - Jacksons_Twelfth, Dec 6, 20:17:31
- High risk, but huge long term gains on offer..... (General Chat) - essexcanaryOTBC, Dec 6, 22:23:48
- Bought some premium bonds recently, low risk, won a couple of times this calendar year... (General Chat) - Vivid Data Shark, Dec 6, 21:53:48
- Bank of Dave (General Chat) - ingi, Dec 6, 21:44:06
- land. Must be a good investment in the Uk right now (General Chat) - Worzel Scrimmage, Dec 6, 21:21:28
- I can offer you an investment opportunity in Nigeria. (n/m) (General Chat) - Pit, Dec 6, 21:06:58
- Stick it in an ISA = no tax on the interest (General Chat) - Old Man, Dec 6, 21:03:46
- Hot Tub (n/m) (General Chat) - yarmyyarmy, Dec 6, 20:47:02
  - should have enough left over for a big telly....... (n/m) (General Chat) - usacanary, Dec 6, 21:04:34
    - or a jumping frog (n/m) (General Chat) - Old Man, Dec 6, 21:05:56
      - hot dog (n/m) (General Chat) - Pit, Dec 6, 21:07:14
        
        Not fucking Prefab Sprout!!! (n/m) (General Chat) - APB, Dec 6, 21:14:43
- savings rates likely to improve in January (General Chat) - pat_abb, Dec 6, 20:34:37
- or, plane ticket to Las Vegas (General Chat) - Old Splat, Dec 6, 20:28:27
- joey essex to win celebrity jungle (n/m) (General Chat) - Charles21, Dec 6, 20:25:46
- With no risk you're about there with 2% over an 18 month period. (n/m) (General Chat) - Old Splat, Dec 6, 20:20:25
  - Fair enough then, maybe I've underestimated where interest rates are currently at (n/m) (General Chat) - Jacksons_Twelfth, Dec 6, 20:21:26
    - If you go on moneysupermarket you'll see 2% for no risk is okay (General Chat) - Old Splat, Dec 6, 20:24:31
- The missus would kill me! (n/m) (General Chat) - Jacksons_Twelfth, Dec 6, 20:19:59
- Norway Queen. 12:50 Wolverhampton. Each-way. (n/m) (General Chat) - Pit, Dec 6, 20:19:47
  - How dare you (n/m) (General Chat) - norway, Dec 6, 20:38:22
    - soz (n/m) (General Chat) - Pit, Dec 6, 20:40:14
- red (n/m) (General Chat) - Jumbo1, Dec 6, 20:18:59

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