£230B in UK Current Accounts Earn No Interest
Millions of UK savers are leaving billions in current accounts that offer no interest, with over six point five million accounts holding balances above ten thousand pounds. This adds up to a staggering two hundred thirty billion pounds sitting idle, even though better rates are readily available. Many savers stick with their main banks accounts due to habit or confusion, but experts advise shifting extra cash to decent savings options to protect against losing purchasing power.
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