Up-to-date deals from banks and building societies

The provider bucked the trend of falling rates, increasing the interest on its one-year fixed saver from 1.15 per cent. The account is operated by Goldman Sachs International Bank.

Some savers are now in line to earn as little as 0.01 per cent - just £1 interest over a whole year on each £10,000 in their account. This is £129 less than if they switched to a top easy-access deal.

Grandparents with fixed monthly pension payments could find their bank balances are looking much healthier now they are no longer spending money on things like going out and holidays.

Savers have been handed a double blow as two market-leading easy-access deals have both disappeared within a week of each other, with Marcus and Virgin Money both making cuts.

A Bank of England scheme designed to provide banks with cheap money to lend to small businesses has handed out an enormous £6billion in its first week, official figures reveal.

The official base rate was reduced by 0.65 percentage points last month to 0.1 per cent, but savers face bigger cuts.

While the relaunched Notice Plus account from Epsom Derby sponsor Investec has more moving parts than a track full of racehorses, it offers an easy-access element with a top-rate deal.

Govt cuts small savings rates by up to 140 basis pts