Branch2 Intelligence
Hargreaves Lansdown launches cash Isa paying table-topping 4.3% - should you sign up?
Key takeaway
Hargreaves Lansdown launches a 4.3% cash ISA, a best-buy rate that attracts new deposits.
- Step 11st-order: Hargreaves Lansdown launches a 4.3% cash ISA, a best-buy rate that attracts deposits.
- Step 22nd-order: Competitors (AJ Bell, Interactive Investor, high-street banks) must raise their ISA rates to retain customers, compressing their net interest margins.
- Step 33rd-order: Banks may widen SME lending spreads to offset margin compression, increasing borrowing costs for small businesses.
Source: This is Money
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