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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Warning for UK households with £5,000 in bank account http://www.mirror.co.uk - 10.03.2026 06:05

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Warning for UK households with £5,000 in bank account http://www.mirror.co.uk - 10.03.2026 06:05