UK savers urged to act quickly for highest-paying fixed-rate accounts

Bank of England forecast to make as many as four interest rate cuts in 2024, which will slash returns

If Christmas hasn’t cleaned you out financially, now could be the last chance to grab one of the UK’s highest-paying fixed-rate savings accounts.

With the money markets convinced that interest rates are heading on a downward trajectory, the smart savings cash is heading for a fixed-rate bond – while rates above 5% are still available.