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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We continue to closely monitor the evolving situation in relation to COVID-19 and are taking the necessary actions to support members while safeguarding the wellbeing of our colleagues. We’re currently operating our telephone service between 10am and 4pm Monday to Friday (except bank holidays). Click here for more information.
