On Thursday 19 March, the Bank of England announced a further 0.15% decrease in its base rate from 0.25% to 0.1% with immediate effect.
This follows the reduction the Bank made on Wednesday 11 March.
We are currently working through what this change means for our savers and borrowers and will provide further information as soon as it becomes available.
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Coronavirus (COVID-19)
In light of the ongoing situation relating to COVID-19, we’re having to do things a little differently to maintain services to members so it may take longer than usual to respond to your enquiries and requests. We’re currently operating a reduced-hours telephone service, with lines open Monday to Friday (except bank holidays) between 10am and 4pm.
So that we can support those in the most vulnerable situations we ask that you only call if your enquiry is urgent. Click here for more information.
