💨 Abstract

Newcastle Building Society will reduce interest rates on 37 of its personal savings accounts starting from June 5, a move following the Bank of England's recent base rate cut. Banks such as HSBC, NatWest, and Nationwide are also reducing their rates. Newcastle's reductions range from 0.25 percentage points, affecting accounts like the Double Access Saver/ISA and Newcastle Cash Lifetime ISA.

Courtesy: Sam Walker