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Bitesize Blighty: September 28, 2018

Zara Thornton  Follow

  • Savers in the UK now have an opportunity to Bank with one of Wall Street’s investment juggernaut as Goldman Sachs launched a savings account for members of the UK public. The new savings, called Marcus, offers savers a competitive rate of 1.5% which is the highest return seen in the UK savers market in well over two years. This offer is expected to shake up the market for challenger banks, who will have to confront the competition from a banking heavy weight like Goldman Sachs and will likely see savers moving their savings pot from high street banks like HSBC to the shiny new Marcus.

 

 

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