Martin Lewis has ‘big news’ following shocking NS&I decision – bank account warning


Bruce Davis, the combined MD of Abundance Investment, was not entirely surprised by the change, as he detailed: “Record slues of savers, who have lent a total of more than £160bn to the UK administration via NS&I, will be sorely disappointed by this drop in rates but it was only a context of time before the cost of the taxpayer subsidy for those products suited unsustainable.”

On this topic, later on in the show, a caller asked Martin where the in the most suitable way rates could be found.

Martin cautioned that savers customarily should lower their expectations but he detailed where the best savings and Lifetime ISA measures are at the moment: “Coventry Building Society is the top easy-access account today,

“Its changing rates could change and rates are likely to change, but that’s the top one”

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