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Bank customers are being told to “grab a competitive” savings account while interest rates in the UK remain relatively high with some offering upwards of eight per cent. New analysis from experts has determined the best savings accounts for the week beginning October 7, 2024. In recent years, savers have benefited from high interest rates following the Bank of England’s decision to hike the base rate. In the height of the cost of living crisis, inflation in the UK soared to 11.1 per cent in October 2022. As a result of this, the central bank raised rates to a 16-year high of 5.25 per cent. The…

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