Interest rates warning: Savers would be ‘worst hit’ as Brits face ‘interest rates of -3%’


“How in the world, savers are finding rates fall to record lows, which is inferior for those who rely on interest to supplement their income.

“Savers authority feel like interest rates couldn’t possibly go any lower, but they longing be wrong.

“In truth, the most flexible savings accounts could eye to eye further cuts should base rate move any lower or if savings provider’s opt for they want to deter deposits.”

And, should interest rates exclude below zero, the finance expert has warned that it could augur savers face paying for storing their money in accounts, Ms Springall unraveled.

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