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Money Box — Money Box Live: Making Sense of Savings
Not scored yet28m·2023-08-02·Business

Money Box Live: Making Sense of Savings

Money Box

Bank bosses are being asked to explain why interest rates on savings aren't keeping up with the rising cost of borrowing. The heads of Lloyds, HSBC, NatWest and Barclays banks will meet the Financial Conduct Authority (FCA) on Thursday. Chancellor Jeremy Hunt has already stepped in to tell banks to put up rates for…

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