Question to the HM Treasury:
To ask the Chancellor of the Exchequer, with which providers he has held recent discussions on uprating of savings rates; and when these discussions took place.
On the 28 of June the Chancellor met with regulators including the Financial Conduct Authority. An agreement was secured to ensure that regulators act urgently in areas where consumers need most support and to ensure they are treated fairly. The Chancellor also regularly meets with senior bank representatives, and discusses a range of issues; as reported in the press he raised savings rates with bank chief executives at his mortgages roundtable on 23 of June.