Property News · June 2, 2016

Nationwide cuts interest rates on cash Isa


Building society becomes latest financial provider to cut rates, as diminishing returns mean insititutions fall out of love with savings schemeNationwide has become the latest big-name savings provider to cut the interest rates on its range of cash Isas, to reflect what the building society says is the general decline in returns across the market. Despite no change in the Bank of England base rate, on 1 June Nationwide imposed cuts of up to 0.5% across the board – including online Isa deals that had been market-leading. Continue reading…

Source : theguardian.com
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