Financial advice outlet Hargreaves Lansdown released a guide asking whether UK savers 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 identity-theft scams are on the rise. Lewis noted fraudsters are targeting life savings and using personal data to drain accounts. Lewis urged savers to check statements, use strong passwords and report suspicious activity. He warned that unchecked scams could undermine hard-earned savings.