Could your bank really close YOUR current account with little warning? The This is Money podcast
Banks have come into the firing line this week over current account closures and slowness to pass on base rate rises to savers.
Nigel Farage claims his bank shut his current account over his Brexit views – the former politician has been vocal on Twitter about his treatment by Coutts, while the exclusive bank with a high net wealth clientele has fired back.
So, can banks realistically do that to you? Georgie Frost, Simon Lambert and Lee Boyce tell you all the reasons your bank can close your current account – and what to do if it happen to you.
And on the same day big bank bosses faced a grilling from the FCA about paying savers fairly, Lloyds, Halifax and HSBC hike rates – coincidence?
Savings deals have been rocketing in recent months, experts give their views on whether we’re at a peak – or if there is further still to go for savers.
With savings rates rising, many are questioning whether to bother investing - one thinktank reckons Britons are ploughing far too much into cash instead of investing. How do the figures stack up?
And finally… would you pay into your partner’s pension? A spouse can pay into their partner's pension while they are not working to ensure they do not miss out financially in later life, but is it a wise move?
Most watched Money videos
- Porsche 'refreshed' 911 is the first to feature hybrid power
- Honda to relaunch one of best-known sports car names in 2025
- Bugatti unveil new sports car with watchmaking-inspired interior design
- Watch our electrifying review of the new Ford Explorer EV
- Aston Martin unveils new £2million limited edition hypercar
- Bentley unveils record-breaking hybrid £240k Continental GT Speed car
- Bugatti Automobiles launch stunning £3.2m new hyper sports car for 2026
- Ford revives Capri with new electric SUV priced from £42,075
- We review the UK's cheapest EV - the £14,995 Dacia Spring
- Polestar presents exciting new eco-friendly luxury electric SUV
- This is Money reports 'green' 1,000 mile Tesla Model 3 trip to Scotland
- The new MG Cyberster EV roadster reviewed by TiM Motoring
-
BT fined £17.5m by Ofcom for 'catastrophic' emergency...
-
Leonardo pitches for £1bn MoD deal to replace Puma...
-
BUSINESS LIVE: BT fined over 999 failings; Entain names...
-
Ocado agrees robotic warehouse deal with US retailer Kroger
-
Ryanair profits almost halve as airline faces 'frugal'...
-
Do I have to declare capital gains and dividends if they...
-
The man who thinks he's cracked the trick to winning the...
-
U.S. tech giants set to bank 'monster' £82bn earnings
-
Get the over-50s back to work to boost Britain's wealth,...
-
Ladbrokes owner Entain hires Gavin Isaacs as its next...
-
Just one in eight would-be first-time buyers can afford...
-
Rentokil a target as Philip Jansen eyes private equity...
-
Vivendi targets London IPO for paid TV channel Canal+
-
SMALL CAP IDEA: Destiny Pharma set to join growing list...
-
Britain's best property bargains: Twenty houses YOU could...
-
An AbFab car sale: Alfa Romeo used by Jennifer Saunders'...
-
The UK economy Labour has inherited isn't that bad, says...
-
How YOU can profit from the Rachel Reeves planning...