The circumstances currently prevailing are no longer exceptional under each of two separate tests, which have been defined by the Society Board as follows:
Last Updated: 23 November 2023.
2. Base Rate minus the UK average Instant Access savings rate (as published monthly by the Bank of England) is less than or equal to 2.25% for each of the three preceding months
** If you wish to look at historical data, visit the Bank of England website.