{"id":30353,"date":"2016-10-17T21:21:38","date_gmt":"2016-10-17T14:21:38","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/savers-suffer-as-banks-withdraw-more-than-100-savings-accounts\/"},"modified":"2016-10-17T21:29:04","modified_gmt":"2016-10-17T14:29:04","slug":"savers-suffer-as-banks-withdraw-more-than-100-savings-accounts","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/savers-suffer-as-banks-withdraw-more-than-100-savings-accounts\/","title":{"rendered":"Savers suffer as banks withdraw more than 100 savings accounts"},"content":{"rendered":"


\nThe number of available products is at its lowest level since 2007, following the Bank of England\u2019s August base rate cutMore than 100 savings accounts have been withdrawn from the market since the Bank of England cut interest rates in August, and the choice available to savers has hit a new low, figures show.Banks and building societies have responded to the fall in interest rates by pulling accounts rather than reducing rates, financial information provider Moneyfacts said. Continue reading…
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\nSource : theguardian.com
\nRead more…Savers suffer as banks withdraw more than 100 savings accounts<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The number of available products is at its lowest level since 2007, following the Bank...<\/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-30353","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\/p75ss1-7Tz","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":30353,"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 "Property News"","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":30353,"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 "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":94687,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-regulators-could-enforce-minimum-interest-rate-for-savers\/","url_meta":{"origin":30353,"position":2},"title":"UK regulators could enforce minimum interest rate for savers","date":"July 25, 2018","format":false,"excerpt":"\r Billions of pounds in low-interest accounts are a crucial source of profits for banksBanks could be forced to pay savers a minimum interest rate after City regulators found that longstanding customers in instant access accounts are paid derisory rates because of their apathy about switching providers. The Financial Conduct\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":9372,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/nsi-cuts-interest-rates-for-millions-of-savers\/","url_meta":{"origin":30353,"position":3},"title":"NS&I cuts interest rates for millions of savers","date":"March 29, 2016","format":false,"excerpt":"\r Investment, direct Isa, direct saver and income bond accounts will all be affected by National Savings & Investments\u2019 decision to reduce rates Millions of savers were dealt a blow after National Savings & Investments cut the interest rates on many of its accounts. NS&I has also slashed the number\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":67282,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/leeds-building-society-makes-rate-promise\/","url_meta":{"origin":30353,"position":4},"title":"Leeds building society makes rate promise","date":"September 24, 2017","format":false,"excerpt":"\r Minimum of 0.5% will be guaranteed on savings accounts from the end of OctoberBeleaguered savers have been given a small ray of hope in the current era of low interest rates after Leeds building society said it would guarantee a minimum of 0.5% on savings accounts.The society, the fifth\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":20600,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-bank-accounts-paying-savers-a-pittance\/","url_meta":{"origin":30353,"position":5},"title":"The bank accounts paying savers a pittance","date":"July 23, 2016","format":false,"excerpt":"\r The interest offered by some banks and building societies has hit 0%, so who are the worst culprits and where\u2019s the best place to park your cash?Britain\u2019s chief financial watchdog this week named and shamed the banks paying their savers a pittance. In some cases customers are being paid\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/30353"}],"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=30353"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/30353\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=30353"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=30353"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=30353"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}