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Nationwide launches £200 switching bonus - plus a linked 8% regular saver account
Earn £377 in one year with Nationwide’s new switching bonus and linked 8% savings account
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FCA tells banks to speed up savings rate increases
Record profits and low savings rates spurred the FCA to meet with some of the UK’s top banks.
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Six shared banking hubs open as more branches close - where to find them
News Six banking hubs are now up and running, and aim to plug the gaps left by branch closures. We explain who can use them and if there’s one near you.
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Watchdog summons banks to explain paltry savings rates
Savings rates trail mortgage rates - and the financial watchdog has summoned banks to a meeting amid concerns of profiteering.
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Treasury grills bank bosses over savings rates
News The Treasury Select Committee says customers are earning between 0.5% and 0.65% on basic savings accounts, well below the Bank of England base rate
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Hundreds of mortgage products withdrawn as interest rates surge
News Hundreds of mortgage products have been withdrawn after sterling crashed to the lowest levels in decades against the dollar and the Bank of England said it wouldn’t hesitate to step in and raise interest rates further.
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Lloyds Bank shares could see an interest-rate windfall
Analysis Interest rates are heading higher, which could be good news for Lloyds Bank shares as profits are set to grow.
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Is abrdn’s eye-catching 9.2% dividend yield sustainable?
Tips Shares in investment manager abrdn currently yield 9.2%. Generally speaking, says Rupert Hargreaves, it pays to be sceptical of very high dividend yields. So is that the case here, or is abrdn one for income investors to tuck away?
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When to buy shares in NatWest, Britain's worst bank
Tips Rising interest rates should lift profits for the banking sector if inflation doesn’t get out of control, says Bruce Packard.
Tips
