HBOS to drop interest on all business e-deposit accounts

Has anyone else been made aware of this? Apparently HBOS is going to drop their savings interest rates by a significant 0.7% from 4.35% to 3.65% on their business e-deposit account.

That came across as quite a large drop to me. Alliance & Leicester looks like the place to go to now with 4.44%.

Reply to
Sam Smith
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This is all by July.

Reply to
Sam Smith

In fact the 0.7% point drop is a drop of 16%.

Reply to
T S Skogvold

That's quite true! It sounds even worse now! ;)

Reply to
Sam Smith

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