The Top Easy Access Savings Discussion Area

simonsmithsays

Yellowman said:

BBC News, 19 Sep 2023:

'The UK's latest inflation data for August will be released on Wednesday and is predicted to rise from 6.8% to 7%, after falling steadily in recent months.

The Bank of England has been raising rates in a bid to reduce inflation, and is expected to increase them again on Thursday, from 5.25% to 5.5%.'

The only thing I predict is that these very clever and highly paid economists will be wrong with their figures.

Thumbs_Up

Window of opportunity to take money out from NS&I one year fixed at 6.2% and move to another better paying bond. We shall see.

qbadger

Wombat GB Bank Base Rate Tracker Account

Minus 50bps tracker, limited access (1 withdrawal per month), £500 min balance

Not competitive right now, but may be useful for some later

liamcov

York BS - I didn't use the reference number, what will happen to my transfer?

Bigwheels1111

liamcov said:

York BS - I didn't use the reference number, what will happen to my transfer?

Call them at 09.00am tomorrow.
They should be able to track it down.
I must admit while trying to set this up I almost missed it.
I got the other half to read back the details one by one.
Found my mistake.

MDMD

simonsmithsays said:

Yellowman said:

BBC News, 19 Sep 2023:

'The UK's latest inflation data for August will be released on Wednesday and is predicted to rise from 6.8% to 7%, after falling steadily in recent months.

The Bank of England has been raising rates in a bid to reduce inflation, and is expected to increase them again on Thursday, from 5.25% to 5.5%.'

The only thing I predict is that these very clever and highly paid economists will be wrong with their figures.

https://www.theguardian.com/business/2023/sep/20/uk-inflation-fuel-prices-interest-rates

Official measures show  inflation dropped slightly in August so the earlier guesses were wrong.

Bridlington1

@soulsaver
Shawbrook EA Issue 36 now 5.02% (£1k min).

Eirambler

Expect we'll still get the 0.25% rise at the next meeting, but probably softer language about anything beyond that after those inflation numbers.

Sg28

Eirambler said:

Expect we'll still get the 0.25% rise at the next meeting, but probably softer language about anything beyond that after those inflation numbers.

Odds of a 25bp rise have dropped from 80% to 55% 

cloud_dog

Bridlington1 said:

@soulsaver
Shawbrook EA Issue 36 now 5.02% (£1k min).

I really like Shawbrook, but sometimes I wish they'd stop feking about with piddle rises!