NatWest, Lloyds, Barclays and HSBC among banks quizzed over savings rates
The regulator says it had a constructive meeting with major UK banks over worries rates on savings are too low. …
It was not the regulator’s role to set interest rates, Mr Mills added, as this was a commercial decision. However, he said that banks needed to be open to speaking to customers, they needed to provide fair value, and put customers “at the heart of their pricing conditions”.
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