Britannia International increases rates on variable accounts

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Britannia International increased interest rates on its variable rate accounts from 1 December.

Following the recent rise in the Bank of England base rate, Britannia International plans to increase all rates by 0.25% gross pa. Tracker accounts were increased by 0.25% gross pa on last month. Mark Beresford, managing director of Britannia International, said: "The latest Bank of England rate increase has been keenly anticipated by savers and we are pleased to be able to pass on the rate rise in full to our investors."

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