{"id":22524,"date":"2016-08-10T19:49:09","date_gmt":"2016-08-10T12:49:09","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/tesco-is-latest-bank-to-cut-interest-rates-by-more-than-boe-base-rate\/"},"modified":"2016-08-10T20:11:19","modified_gmt":"2016-08-10T13:11:19","slug":"tesco-is-latest-bank-to-cut-interest-rates-by-more-than-boe-base-rate","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tesco-is-latest-bank-to-cut-interest-rates-by-more-than-boe-base-rate\/","title":{"rendered":"Tesco is latest bank to cut interest rates by more than BoE base rate"},"content":{"rendered":"<p>&#013;<br \/>\nPayments on internet saver and instant access savings accounts cut by 0.35 percentage points in November \u2013 more than 0.25 base rate reductionTesco Bank has become the latest savings provider to cut interest rates for existing customers by more than the fall in the Bank of England base rate.The challenger bank will cut payments on its internet saver and instant access savings accounts by 0.35 percentage points in November: a steeper cut than the 0.25 percentage points reduction in the Bank base rate announced on Thursday.  Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/money\/2016\/aug\/10\/tesco-latest-bank-cut-interest-rates-boe-base-rate\" target=\"_blank\">Tesco is latest bank to cut interest rates by more than BoE base rate<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Payments on internet saver and instant access savings accounts cut by 0.35 percentage points in&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-22524","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-5Ri","jetpack-related-posts":[{"id":22277,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/savers-to-suffer-as-first-direct-cuts-rates-further-than-bank-of-england\/","url_meta":{"origin":22524,"position":0},"title":"Savers to suffer as First Direct cuts rates further than Bank of England","date":"August 8, 2016","format":false,"excerpt":"\r Other banks expected to cut savings rates as First Direct announces its cash Isa rate will be cut by 0.4 percentage pointsOne of the UK\u2019s most high profile savings providers has announced interest rate cuts in excess of the Bank of England\u2019s recent base rate reduction.At the weekend, First\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":22777,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/interest-rate-cut-what-now-for-savers-and-borrowers\/","url_meta":{"origin":22524,"position":1},"title":"Interest rate cut: what now for savers and borrowers?","date":"August 13, 2016","format":false,"excerpt":"\r We look at which savings accounts have been hardest hit, who is still offering decent rates, and where to go to get the best mortgage dealHow low can they go? There wasn\u2019t much fat left to trim, but savings rates are now being hacked back even further following the\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":20989,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/internet-peer-to-peer-lenders-offer-savings-rates-that-are-peerless\/","url_meta":{"origin":22524,"position":2},"title":"Internet peer-to-peer lenders offer savings rates that are peerless","date":"October 10, 2015","format":false,"excerpt":"\r I\u2019ve long been wary of P2P lending, but high street banks are offering such paltry returns. So I\u2019ve taken the plungeThe easy saver account at my bank pays a princely 0.25% interest. If I open up its cash Isa and take advantage of my tax-free allowance instead, the rate\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":21963,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-interest-rate-cut-how-it-will-affect-you\/","url_meta":{"origin":22524,"position":3},"title":"UK interest rate cut: how it will affect you","date":"August 4, 2016","format":false,"excerpt":"\r With the Bank of England reducing the base rate to just 0.25%, we look at the likely impact on mortgage and savings rates, pensions and house pricesThe Bank of England has cut interest rates, taking the base rate to a new low of 0.25%. This is the first cut\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":127050,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/what-the-bank-of-englands-base-rate-rise-to-1-25-means-for-you\/","url_meta":{"origin":22524,"position":4},"title":"What the Bank of England\u2019s base rate rise to 1.25% means for you","date":"June 16, 2022","format":false,"excerpt":"\r The knock-on effects on mortgages, savings, annuities, house prices and rents of the interest rate increase The Bank of England has voted to raise interest rates by 0.25 percentage points to 1.25% as the UK grapples with high inflation. We look at what that means for your finances. Continue\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":70272,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-looming-interest-rate-rise-how-it-will-affect-you\/","url_meta":{"origin":22524,"position":5},"title":"The looming interest rate rise: how it will affect you","date":"October 28, 2017","format":false,"excerpt":"\r On 2 November, the Bank of England is expected to increase the base rate after a decade. We explore what impact it will have on homeowners and saversThe longest period in living memory without a Bank of England rate rise is expected to end on Thursday, when the base\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/22524"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=22524"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/22524\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=22524"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=22524"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=22524"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}