‘Slaughter’ of savings rates will sadden hard-pressed households, expert warns
- Posted on February 5, 2026
- By Evening Standard
- 4 Views
‘Slaughter’ of savings rates will sadden hard-pressed households, expert warns

The Bank of England base rate was held on Thursday but Moneyfactscompare.co.uk said 70% of savings providers have already cut rates in 2026.