With all the talk about protecting your savings under the Financial Services Compensation Scheme, much has been made of not sharing your savings between accounts operating under the same licence. Unfortunately, details of which banks share a single authorisation haven’t been readily available. We’ve now compiled this information into a simple table letting you see at a glance which banks share a licence with your own savings accounts.

Icelandic bank Icesave has launched a new fixed rate savings account paying what is surely a market-leading 7.01% on deposits.

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A piece in the Observer criticises popular direct savings account provider ING for failing to keep up with interest rate rises. While most competing accounts have passed on rate rises to savers, ING has once again declined to do so, leaving its savings rate of 5% now a full 0.75% below the Bank of England base rate.

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