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UK households with £1,000 in bank account warned to 'move it before Thursday'


The savings accounts expert at money.co.uk has warned that savers should act 'now' ahead of the Bank of England announcement on Thursday, which will occur on August 1

Lucinda O'Brien, the site's savings accounts specialist, has shared her insights ahead of Thursday's base rate announcement. The Bank of England are to make an announcement on Thursday (Image: PA) Read MoreRelated Articles Save nearly £300 with these Ganni-lookalike Marks & Spencer buckle slingback flats For example, services inflation (education, hospitality and culture) continues to be high at 5.7% and this could be the sticking point that sways the committee to hold off reducing the base rate.

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