Bank bosses are being asked to explain why interest rates on savings aren't keeping up with the rising cost of borrowing.
The heads of Lloyds, HSBC, NatWest and Barclays banks will meet the Financial Conduct Authority (FCA) on Thursday.
Chancellor Jeremy Hunt has already stepped in to tell banks to put up rates for savers.
At the moment the Bank of Engl ... Show More
Mar 2023
A Great Recession bank takeover
Earlier this month, we saw the largest bank collapse since the 2008 financial crisis. For many of us, seeing Silicon Valley Bank's meltdown brought us right back to that time 15 years ago, at the beginning of what would become the Great Recession. In early 2009, one or two banks ... Show More
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