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Has anyone noticed .......

Which savings rates have gone down and which ones haven't following the recent rate cut. B & B e-saver issue 3 is still showing 6.51% AER., don't know if they intend to reduce though as there is no information on their website
Liquidity is when you look at your investment portfolio and **** your pants

Comments

  • Baldur
    Baldur Posts: 6,565 Forumite
    No mention yet about B&B withdrawing/reducing on eMoneyfacts but a number of fixed-rate products are mentioned.
  • Reaper
    Reaper Posts: 7,357 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    In the past savings rates always came down promptly afer a rate change but now there is a reality gap between the Bank of England rate and the markets.

    I seem to remember a bunch of fixed rate deals getting reduced, there is a thread on them somewhere, but the variable rate ones have been slow to react. They are still desperate for our cash.

    EDIT: Baldur's link is the one I was thinking of from the other thread. Useful site that one.
  • Milarky
    Milarky Posts: 6,356 Forumite
    Part of the Furniture 1,000 Posts Photogenic
    With the emoneyfacts page it now has an annoying habit of 'jumping' to the top whenever one of the 'boxes' updates (on a cycle) I've found - as a bit of a fix to this - that if I select 'work offline' that kills the behaviour (no data being received) but then when you want to 'read more' by clicking on a link you have to change back to 'work online' and refresh
    .....under construction.... COVID is a [discontinued] scam
  • Geoffo_M
    Geoffo_M Posts: 1,161 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Milarky wrote: »
    With the emoneyfacts page it now has an annoying habit of 'jumping' to the top whenever one of the 'boxes' updates (on a cycle) I've found - as a bit of a fix to this - that if I select 'work offline' that kills the behaviour (no data being received) but then when you want to 'read more' by clicking on a link you have to change back to 'work online' and refresh

    I found that annoying as well. If you are using firefox, and have the NoScript add-on, the constant updating of data at the top of the page is blocked and you don't then get the 'jumping' you mention.
  • Whilst a few savings rate changes occur immediately following Base rate change, most ( not all) take effect from the start ( ish) of the month following the base rate change. Some savings providers delay announcements until they have seen what the competition are doing.
  • dougz_2
    dougz_2 Posts: 523 Forumite
    Part of the Furniture Combo Breaker
    You can also fix it by blocking the script using various adblockers or security software. The filter I use in adblock plus is:
    https://www.emoneyfacts.co.uk/ScriptResource.axd?*
  • pumpndump
    pumpndump Posts: 139 Forumite
    Whilst a few savings rate changes occur immediately following Base rate change, most ( not all) take effect from the start ( ish) of the month following the base rate change. Some savings providers delay announcements until they have seen what the competition are doing.

    Ah, but did anyone notice that NS & I dropped their rates BEFORE the base rate drop was announced?
    In the field of investment, 99 per cent of everything is garbage. Why? Because we have "gearing". - Robert Beckman
  • eMoneyfacts have now identified this problem and it should be fixed within the next week.
This discussion has been closed.
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