Moneysaving | Mail Online Hang on to your current account for the best returns as banks begin latest rate-cutting bloodbath 2016-10-19T08:47:42.000000Z The first shot comes in less than two weeks' time, when Santander halves the rate on its popular 123 account. Halifax, TSB and Lloyds have all said they'll be joining it early next year. NS&I Isa becomes a top payer at 1% as building societies withdraw their best deals 2016-10-19T08:42:01.000000Z Instead of reducing rates by minuscule amounts, building societies are removing their best deals from sale. The latest to disappear is the Hinckley & Rugby notice account which paid 1.2%. Savers see returns slashed as inflation rises to highest in two years 2016-10-18T13:39:45.000000Z The consumer prices index rate of inflation rose to 1.0 per cent from 0.6 per cent in August, meaning that savers need an account paying more than 1 per cent to earn a real return on their deposits. Norwich & Peterborough Classic Gold account closed to new customers 2016-10-13T08:11:07.000000Z The Classic Gold was the only widely available account on the market without extra fees for swiping a debit card in stores or withdrawing cash anywhere abroad. Financial Fraud Action UK figures show fraud losses soared 25% 2016-10-12T10:31:50.000000Z Some £321.5million was lost on remote purchase fraud, which was up 31 per cent on the same period of 2015 - this includes lost and stolen cards, cards not received, counterfeit cards and ID theft. Now Lloyds cuts the interest rate for current account customers with its Club Lloyds deal dropping from 4% to 2% 2016-10-12T09:42:47.000000Z Halifax, Lloyds and TSB are the latest big banking names to hack at current account interest rate in a move which is sure to irk millions of customers. Deposits into cash Isas fall by 87% in a year as banks and building societies cut rates to as little as 0.01% 2016-10-12T08:39:00.000000Z Rock bottom rates, new tax rules and complicated terms and conditions have all played a part in destroying the appeal of these tax-free accounts, once the bedrock of any savings strategy. Fixed-rate bonds continue to tumble with top one-year deal now paying just 1% 2016-10-12T08:37:26.000000Z And only one major provider - Skipton BS - is offering this rate. Nationwide and Leeds are among the top payers, even though they pay a lowly 0.95%. Banks are snatching back PPI payouts: They've paid out £25bn after years of mis-selling - but now say they made mistakes 2016-10-12T07:39:37.000000Z Customers are receiving shock bills for thousands of pounds because banks wrongly calculated their payment protection insurance (PPI) payouts. How low will they go? More pain for savers as top rates on easy-access accounts shrivel to just 1% 2016-10-11T07:35:53.000000Z Savings providers are continuing to hack away at easy-access rates with RCI Bank slashing its best buy deal for the third time this year.