Barclays sees savers starting to leave in hunt for better rates
Barclays Plc expects its competitors to lure savings customers with higher interest rates. Advances in online banking and the prevalence of fintech upstarts have made it easier to switch accounts. The jump in UK interest rates to 4% in recent months are accelerating years of work by policymakers and startups to challenge the UK’s big 5 lenders.

15 February 2023

Bloomberg