UK Base Rate, Savings Tax, Premium Bonds, deals & more (money news) | Cash Chats

[@lukesaunders9321]

The banks arguments of closing bricks and mortar shops to save money due to costs is bollocks... The cash less move means that £50 paid for a service ends up being 1% to the bank, visa or MasterCard etc... it's a multi billion pound earner... But no one is really pointing this out at the higher levels. They have more profits now than ever and it's disgusting

[@JohnBeeblebrox]

Taxing savings (outside of ISA's and Pensions) is a punishment for prudent lifestyles

[@pobbob335]

So true

[@mark_just_mark]

Happy Birthday Amelia 🎉

[@MA-pu6dc]

Happy birthday Amelia, have a fantastic day.

[@malacca1951]

I was surprised that 'Fiscal Drag' was not even mentioned! I'm a pensioner with just a small pension and find I can 'earn' about £6000 in interest before paying on it. Shouldn't this have been mentioned? Not everyone is married, young, having salaries and tiny Allowances.

[@tashanawilliams5990]

Happy birthday Amelia, hope you are having a wonderful day 😊. Thank you for taking the time out of your special day for this vid.

[@OneAndOnlyMe]

There's only one MPC meeting left this year (November), so unlikely they will cut by 0.5%. I also do not think they will cut in November, the consensus is not going to shift from 1 person to 5, especially not given that data will show inflation ticking up due to the energy price cap rise.

[@SphericalHang]

Nobody seems to talk about the fact that the starting rate for tax on savings is actually £5000 if you have a low income. I only work part time so I fully use the £5000 allowance.

[@juan-bf7hm]

Thnx for the video

[@anthonybrown4874]

Paying interest on savings for most people is virtually voluntary for most working people with tax free accounts and access to pensions.

[@gordonhancock5524]

retail therapy works you just got to learn to return everything

[@Platonic_Izzy]

That man speaks a lot but says nothing. Please don’t invite him again, it’s a time waster.

[@xandywaddington7000]

I enjoyed his commentary