Big banks in Britain eyed by watchdog over low saving rates

Big banks in Britain eyed by watchdog over low saving rates - Reuters

The largest banks in Britain are paying below-average interest rates for some savings accounts and face regulatory action if they fail to ...

Big Banks in Britain Eyed by Watchdog Over Low Saving Rates

The largest banks in Britain are paying below-average interest rates for some savings accounts and face regulatory action if they fail to offer better value.

Big banks in Britain eyed by watchdog over low saving rates

The largest banks in Britain are paying below-average interest rates for some savings accounts and face regulatory action if they fail to ...

Banks with lowest savings rates to face 'robust action', warns UK ...

Banks with lowest savings rates to face 'robust action', warns UK financial watchdog ... Banks have been given four weeks to justify low savings ...

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BIG BANKS IN BRITAIN EYED BY WATCHDOG OVER LOW SAVING RATES Full Story → https://t.co/U0z6jPCWPs (Reuters) - The largest banks in Britain ...

Banks with lowest savings rates to face 'robust' action

The UK's financial watchdog has warned it will crack down on lenders that fail to justify low savings rates. The Financial Conduct Authority (FCA) said ...

Reuters Business on X: "Big banks in Britain eyed by watchdog over ...

Big banks in Britain eyed by watchdog over low saving rates https://t.co/LvvHyFhEXZ.

Savings: Banks with lowest rates will face action, watchdog warns

Banks offering unjustifiably low savings rates to their customers will face "robust action", the UK's financial watchdog has said.

UK's borrowing costs rise as Reeves's budget prompts fears of ...

UK's borrowing costs rise as Reeves's budget prompts fears of slower interest rate cuts ... UK government borrowing costs have risen to their ...

Banks increasingly penalising loyal savers as interest rates rise ...

High street banks were accused on Thursday of increasingly penalising loyal savers compared to new customers as interest rates have risen.

Banco Santander SA - Reuters

Big banks in Britain eyed by watchdog over low saving rates. September 18, 2024. People look out to Canary Wharf financial district from Greenwich Park in ...

Bank bosses told to explain low savings rates - BBC News

Bank bosses have been summoned by the UK's financial watchdog over concerns interest rates on savings are too low.

FCA tells UK banks to make faster progress improving rates for savers

The UK's financial watchdog has told Britain's largest banks that it wants to see faster progress on improving savings rates for customers.

Money blog: Readers flood inbox after chef berates diners who ...

Top savings rates are holding up - shop around and don't let your money languish ... After the Bank of England's base rate cut last week, Savings ...

UK high street banks still offering lower saving rates - The Banker

Instead, building societies raised their easy-access rates by nearly two percentage points on average (from 0.96% to 2.93%), while challenger ...

Banks exploring expanding open banking to savings accounts

Banks have committed to explore the expansion of open banking into the savings market, the City watchdog revealed yesterday.

Savings watchdog vows to shine light on low interest accounts

Typically, banks and building societies offer attractive, market-leading rates and then, once they have suckered savers in, slash the rates ...

Britain's banks told to justify low savings rates by end of August

The Financial Conduct Authority (FCA) set out an action plan to enforce a new duty to customers after a review found that nine of the biggest ...

Money blog: How to check if you're due student loan refund in 30 ...

The second Bank of England cut of the year leaves the central interest rate at 4.75%. Perhaps more insightful than the decision itself were the ...

Lack of competition hits Dutch banks' savings rates: watchdog

The interest rates Dutch banks are offering on savings are too low, and this is partly down to the lack of competition, competition watchdog ACM said on ...