Warning for UK households with £5,000 in bank account
Business
A warning has been issued for individuals with £5,000 in their bank accounts. New research has revealed that a quarter (24%) of people leave money sitting in current accounts at the end of the month rather than transferring it into a savings account, according to a survey. Many current accounts offer zero or minimal interest, meaning individuals could risk seeing inflation diminish the real value of their cash. One in six (17%) of this group leave more than £5,000 sitting in their current
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