Last time I checked my Lloyds savings account was paying me all of 1.1% on the admittedly fairly meagre “rainy day” pot I have put aside for emergencies.
It is better than nothing of course, and a big improvement on the 0.1% I had been getting since the pandemic hit. But it still seems a miserably poor return to offer a loyal (or more accurately lazy) customer of nearly 40 years standing when the bank can lend out at 5% or 6%.
