Historical Interest rates - help needed

chipfatbob

Hello.

I'm currently in dispute, with a professional body acting on my behalf, overa sum of money which should have been placed in a savings account to earn interest.Unfortunately, it was not and I am now trying to find out what I should haveearned, from May 2008 to May 2012.

Does anyone have any suggestions?

Jegersmart

Bob

Which interest rates are you interested in finding?

J

chipfatbob

The funds were being held by a solicitor, who was supposed to arrange for them to be placed into a high interest account while a court case was proceeding. They held the funds from early 2009 to May 2012 in their client account, where it did not earn any interest. They have have offered a fraction of what I feel we could have earned.

I need to find a way of calculating this figure, based on a couple of examples of historical savings account rates. the bank/building society does not matter too much.

Jegersmart

Take a look at this:

http://swanlowpark.co.uk/bank0604.jsp

I cannot vouch for the validity of the source/site, although the figures look reasonable (imho).

J

chipfatbob

Many thanks - this is very helpful!

psychic_teabag

One other source might be Investec's high-5 account. It tracks the rate of the top 5 accounts, and they have published those records weekly.

http://www.investec.co.uk/products-and-services/banking-services/personal-savings-accounts/investec-high-5-account.html

That would be instant-access or notice rather than fixed-term, but would at least give a lower bound.