Summary
NO PRIZES for guessing the week's big issue. Any decision that makes millions of people significantly better off - [pounds]182 a month for my tracker mortgage - attracts interest. You can do your own sums on the rate cut at thisismoney .co.uk/calculators.
But the base rate cut of 1.5 percentage points will also make millions of savers poorer. Top fixed-rate accounts are evaporating by the hour. And in the crunch, savers must balance the best rates against the strength of the institutions offering them.See the full content of this document
Extract
A Balancing Act for Savers ; Web Week
Our information on bank strength ir...
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