You may remember how
thrilled pleased we were in this post
Well the mail lady brought another gem of
despair monetary news to our door (not her fault, she’s lovely) insomuch as a change in interest rate on our meagre savings.
I thought 1 % interest was bad enough, but being a long term customer of over 20 years with this particular financial establishment, THAT was a preferential rate, and for every £100 in the kitty, I got a pound a year in interest. Wow, bring on the jelly babies.As from May 1st this will now be reduced to .25 of a percent, and thus 25p (yes, twenty five PENCE) per £100 per year.
That £3 per month extra in my pension?
Pfft, and the jelly babies are going back for a refund.
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