Only 3 out of 357 banks have passed rate rise on to savers despite bumper profits

“Banks should be treating customers fairly. Is paying significantly less to savers than they are charging borrowers fair? There should be a responsibility to support high street savers when interest rates are so much lower than inflation.”

Now, it offers just 0.75 per cent, an increase of 0.74 per cent – still 3.25 per cent below the base rate. This is the same for Halifax and Lloyds on their Everyday Saver and Easy Saver, respectively. NS&I has also increased Premium Bonds rates to a 14-year high, boosting the prize rate from 3 to 3.15 per cent.

It comes as Natwest boss, Dame Alison Rose, came under fire for refusing to appear before MPs in Parliament next Tuesday, although she has since changed her mind.

Gosh, I'm so surprised.

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