Savers getting raw deal from big banks, says FCA

[Legal Beagles]

Millions of savers are getting a raw deal, particularly from the big High Street banks, the Financial Conduct Authority FCA has concluded.In many cases, the interest rate on their accounts has been 0.5% or lower – the same as the Bank of England’s base rate.Savers should be given clearer information and helped to switch to […]

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