Reeves has asked colleagues to come up with ideas to boost growth as the Chancellor is on course to damage her fiscal rules.
High Yield Savings accounts now offer competitive yields compared to US Treasury bills. Their benefits include liquidity flexibility and protection against market volatility risks, making them appealing to investors.
Helen Dickinson stated, "While there was a very slight improvement in people's expectations of their personal financial situation, this was offset by declining expectations of the wider economy."