UK experts say 5% savings rates may not last after NS&I bond increases
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National Savings and Investments has raised rates on British savings bonds, with many accounts paying above 5% for the first time in nearly three years as competition intensifies. One-year growth bonds pay 4.99%, two-year 5.07%, three-year 5.1% and five-year 5.17%. Rachel Springall of Moneyfactscompare.co.uk said providers often pull deals once they attract enough cash.
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