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The Guardian - UK
The Guardian - UK
Business
Rupert Jones

Confused about savings? This is the ideal time to take an interest

A woman looking at her laptop, surrounded by circler or bubbles containing different interest rates and terms
The savings market at the moment presents a complex, but potentially rewarding, picture. Composite: Observer Design/Alamy/PA

The economic headwinds that have been buffeting the chancellor, Rachel Reeves, might be a headache for her, but they have brought positive news for some of those looking for a better deal on their savings.

We have heard a lot recently about turmoil in the bond markets and higher UK government borrowing costs – but they are also pushing up the interest you can earn on some fixed-rate savings accounts.

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