Bank savings account rates 2023: How much interest are the UK's biggest banks offering to its customers?

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Sheldon Mills, the FCA’s executive director, said: “We want a competitive cash savings market that delivers better deals for savers, where interest rates are reviewed quickly following base rate changes and firms prompt savers to switch to accounts paying higher rates. We welcome the progress that has been made so far but this needs to speed up.” In light of this, how much interest are the UK’s banks offering to customers?

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