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Kroo Bank comments on Bank Base Rate decision

17 September 2026

Comment from Veronika Lovett, CEO, Kroo Bank:

“Base rate may not be moving, but that doesn’t mean savers cannot secure an improved return on their money. It’s one thing to get a good return from a savings account, millions of people have money sitting in bank accounts paying nothing. If you ensure you are getting the best value from all of your financial products, whether that’s savings accounts or bank accounts, then you’ll be better able to deal with the inflationary pressures expected over the rest of the year.

“The Bank of England has held the base rate. Now is the time to be proactive in making sure that the money they keep in a current account is earning interest, rather than throwing away returns from the many accounts that offer nothing.”