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ns&i cuts rates for savers by up to 0.75 percentage points

Published: 18/02/2009

Telegraph.co.uk – 18th February 2009

 

National Savings and Investments (NS&I), has announced that it is cutting the interest rates on most of their variable rate savings offers by up to 0.75pc, while reducing rates on its fixed-rate savings products by up to 1.35pc.

 

Andrew Hagger, of Moneynet.co.uk said: ‘Taking into account this latest round of rate cuts, the range of savings products on offer from NS&I are some way off the pace.’

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