Over 1 Million UK Current Accounts Hold £50,000+ with Zero Interest

Research reveals that more than one million current accounts in the UK, holding an average balance of £112,000, earn no interest, leaving savers vulnerable to the effects of inflation.

12 Jun, 04:00 — 12 Jun, 04:00

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FTVery High59d ago

Over 1mn UK current accounts holding £50,000-plus earn zero interest, research finds

With an average balance of £112,000, these non-interest-bearing accounts leave savers vulnerable to inflation

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Over 1 Million UK Current Accounts Hold £50,000+ with Zero Interest

Sources

Over 1mn UK current accounts holding £50,000-plus earn zero interest, research finds

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