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Base Rate increases to 4% - what does this mean for savings?

The Bank of England has increased Base Rate by 0.50% to 4% today.  We spoke to This Is Money about what it means for savers

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About The Savings Guru

We help savers get the best deal for their money by providing unique insight in to the savings market.  We help prospective banks apply for a banking licence and we help build customer services, products and marketing for them.  We also work with existing banks and building societies to improve their savings propositions.  This  insider view of savings means we are uniquely placed to help savers.

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