Daily Podcast: Mortgages on the rise

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The bosses of the Britain’s biggest banks have been summoned by the financial watchdog over concerns that interest rates on savings are too low.

Higher Bank of England interest rates have led banks to put up mortgage costs. But savings rates are not rising as fast.

So, with costs spiralling, what can we do to better look after our money?

On the Sky News Daily, Sally Lockwood is joined by Sky’s business correspondent Paul Kelso, and Danni Hewson, Head of Financial Analysis at AJ Bell to find out what the rate disparity means for you, and if anything is likely to change any time soon.

You can listen to more from this episode on the Sky News app, or by clicking here to subscribe wherever you get your podcasts: https://podfollow.com/skynewsdaily

#moneyadvice #financialadvice #mortgage #banking #money

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