£233bn stuck in zero-interest accounts as pressure grows on banks to improve advice

£233bn stuck in zero-interest accounts as pressure grows on banks to improve advice

City A.M.

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As banks come under fire for offering “measly” rates to savers, new figures reveal many are leaving hundreds of billions of pounds lying idle in zero-interest accounts. Some £233bn is being held in zero-interest accounts, according to Bank of England Data analysed by asset management firm Bowmore. This is up from the total held in [...]

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