UK banks shortchanging savers with ‘measly’ rates, says Which?
TheGuardian
MAY 29, 2023
Some instant access accounts as low as 0.1% despite Bank of England’s 4.5% base interest rate UK banks are paying savers “measly” rates on their cash even as the Bank of England has taken its base interest rate to the highest level in more than a decade, according to a study from the consumer group Which? Consumers face rates as low as 0.1% for some instant access savings accounts, Which?
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