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The Independent UK

Business

Vicky Shaw

Signs of a more competitive savings market are emerging, City regulator finds

FCA City the Financial Conduct Authority

PA Wire

Signs of a more competitive cash savings market have been emerging, with rates increasing and savers moving their money into higher-paying fixed-term deals, according to the City regulator.

The Financial Conduct Authority (FCA) said it has continued to see savers moving deposits out of easy-access accounts and into higher-paying fixed-term and notice accounts.

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