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861 Allica Bank: UK SMEs Left ‘Ripped Off’ as High Street Banks Fail to Increase Savings Interest Rates

The Fintech Times
Tom Bleach @ The Fintech Times · 07/01/2024 06:30 EDT

Allica Bank: UK SMEs Left ‘Ripped Off’ as High Street Banks Fail to Increase Savings Interest Rates

High street banks in the UK are 'ripping off' SMEs as interest rates on savings remain far lower than the Bank of England's base rate, says @AllicaBank.

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