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High street banks are leaving savers billions of pounds out of pocket by refusing to pass on rises in interest rates.More than £9 billion has remained in bank c
High street providers have been lagging behing the rest of the market when it comes to passing on easy-access rates to savers, new data shows.
Easy access savings accounts now offer the highest interest rates in almost 15 years but the big high street banks are still failing to offer best buy deals despite mounting political pressure.
Savers are being warned they could be landed with a shock tax bill when the bonds mature.
Savers are being warned they could be landed with a shock tax bill when the bonds mature.