Financial advice outlet Hargreaves Lansdown released a guide asking whether personal investors are getting the best cash rates. The guide compares current interest offers across banks and building societies. It notes many people still keep funds in low-interest accounts.
Consumer champion Martin Lewis warned that fraudulent schemes are on the rise. Lewis noted fraudsters are targeting hard-earned cash and using personal data to drain accounts. He advised savers to check statements, use strong passwords and report suspicious activity. He warned that unchecked scams could erode hard-earned savings.