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Long-suffering savers have seen little return on their money for years - so any rise in interest rates is likely to bring some good news.

Yet, commentators say that even if a rise in interest rates is announced by the Bank of England on Thursday, savers should not expect too much.

The Bank's Monetary Policy Committee (MPC) is widely expected to raise the Bank rate from 0.5% to 0.75%.

After the last rate rise, half of savings account rates were unchanged.


BBC News

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