Savings products available in the UK have fallen to a new low this year, according to initial data released by Moneyfacts ahead of its latest Savings Trends Treasury Report.
The personal finance data provider identified a total drop of 274 savings products available on the UK market over the course of this year - from 1,719 in January to 1,445 this month. That number is also down 127 since August and sits well below the 2,093 peak of April 2012. The report is a monthly overview of current and historical data for the savings and investment market, incorporating written commentary alongside graphs and tables highlighting key trends. Moneyfacts finance expert Charlotte Nelson said: "Instead of reducing rates by minuscule amounts and taking the criticism ...
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