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Poor performers: The big five banks lag behind the market average when it comes to the interest they pay savers for easy access accounts
Posted inBusiness

How much interest does YOUR bank pay on savings? The average rate in the big five was found to be still scary…

The UK's five biggest banks are still failing to offer competitive savings interest despite the Financial Conduct Authority's Consumer Duty rules introduced last summer, new figures reveal. Barclays, HSBC, Lloyds,…
Posted by admin June 6, 2024
The European Central Bank lowers the main interest rate by 0.25 points Interest rates
Posted inBusiness

The European Central Bank lowers the main interest rate by 0.25 points Interest rates

The European Central Bank has eased pressure on borrowers across the eurozone as it cut its key interest rate for the first time in almost five years.Citing a steady decline…
Posted by admin June 6, 2024
ECB lowers interest rates for the first time in 5 years
Posted inBusiness

ECB lowers interest rates for the first time in 5 years

Unlock Editor's Roundup for freeRoula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter.The European Central Bank has cut interest rates for the first time in…
Posted by admin June 6, 2024
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