As part of the realization among banks that there is no longer to be massive profits made at the expense of people. Tesco in U.K. has announced it's getting out of banking with the closure of over 200,000 accounts.
By doing this by November 2021 Tesco hopes to get out before the interest rates are cut.
https://www.moneysavingexp...
By doing this by November 2021 Tesco hopes to get out before the interest rates are cut.
https://www.moneysavingexp...
Tesco Bank to close its 213,000 current accounts in November – here's what it means for you
Tesco Bank has announced it will close all existing current accounts on 30 November 2021
https://www.moneysavingexpert.com/news/2021/07/tesco-bank-current-account-closures/
11:21 AM - Jul 31, 2021
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