Why aren’t banks passing on interest rate rises to customers? - The Guardian


8/16/2022 12:00:00 AM2 years 8 months ago
by Rupert Jones

Rates have gone up six consecutive times, yet very few savers are benefiting, researchers find

Millions of people are being short-changed on savings rates, with banks and building societies failing to pass on this months 0.5 percentage point interest rate rise, research has claimed. Whats hap… [+3699 chars]

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