October 10, 2026

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UK savings: 5% interest rate deals may not last, say experts

Image: The Guardian

Competition is hotting up, with National Savings & Investments lifting rates to the highest in yearsNational Savings and Investments (NS&I) has increased the returns on some of its accounts, with many now paying more than 5% for the first time in nearly three years.Competition in the savings market has been growing, leading to some of the highest interest rates for years.

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