Thousands of families facing job losses and ruined savings but banks are still hiking fees as high as 50%

Industry News | 24/03/20

High-Street banks are poised to increase interest rates to as much as 50 per cent, which means many struggling households will have to pay more to borrow. This is despite the fact that the cost of borrowing for banks is at a record low, and after billions of taxpayer cash was used to bail them out in the last financial crisis.

Source: This is Money