More than £116bn in fixed-rate savings will mature by the end of the year – leaving savers at risk of seeing their returns drop from nearly 4.5 per cent to 2.4 per cent if they slip onto variable rates.
In a climate of growing economic uncertainty, UK businesses are grappling with unprecedented challenges that have led to a significant rise in insolvencies.
More from us
Did you know with an ad-lite subscription to Hucknall Dispatch, you get 70% fewer ads while viewing the news that matters to you.