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LATEST NEWS & EVENTS Corporate firms 'not happy with savings account rates'  Business operators who work within a corporate setting might agree that many firms are dissatisfied with their current savings account rate. This is according to research from the Fair Investment Company, which claimed that 98.8 per cent of companies surveyed say they are unhappy with the current levels of interest on offer. David Doulton, director of the organisation, discussed the implications for the fact that the base rate remains at 0.5 per cent - a historic low. "It is inevitable that rates will be fairly low across the board, but rates for businesses are particularly bad, especially when you compare them with the equivalent personal savings accounts," he said. Mr Doulton added that many firms acknowledge their current systems in place do not come up to scratch, but are unwilling to make the necessary changes. Elsewhere, Andrew Cave, head of policy at the Federation of Small Businesses, suggested that it is important to re-establish a relationship of trust between banks and minor-scale companies. Posted by Mark Phillips 
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