birmingham midshires - not cut rates yet?

latecomer

I've got a savings account with the Birmingham Midshires and although the APR dropped following the 0.5% cut, it doesn't appear to have changed yet for the most recent cut (1.5%). Anyone know how long it normally takes for them to change rates?

I'm probably going to move the money to a fixed rate provided I can get it funded in time so it probably doesn't matter. Still interested in opinions though

edit: its an e-Saver issue 2 - currently 5.83% gross according to the welcome screen

KingL

here's the history of rates on that account, you could compare changes with the dates on BoE website.....

http://www.askbm.co.uk/savings/rates/liverates.asp?r=esaveris2

latecomer

By the look of the date of the 0.5% cut its likely that they will cut by 1.5% on the 1st dec. Thanks.