The FCA has asked nine banks and savings providers to provide assessments on what value their savings products offer after concerns about value for money.

Trade body UK Finance, which represents 250 banks and finance firms, has appointed David Postings as its new chief executive.

It has been revealed that nearly 20% of parents and grandparents hide their savings at home or in secret places, new research has found. 

TSB says it is the first bank in the UK to offer a new fraud refund guarantee.