Savers are being urged to “lock their cash” into a high interest rate fixed rate bonds before a likely cut from the Bank of England later this year. Experts from Moneyfactscompare are reminding Britons to take advantage of these savings products which guarantee bank customers a specific rate over a set period of time. The financial information website highlighted that the top one-year fixed bond in the UK is currently sitting at 5.25 per cent gross. This is now 0.30 per cent higher than the top five-year fixed bond of 4.95 per cent, as of July 1, with month-on-month the top one-year fixed bond…