Nationwide, Barclays and Lloyds current account switch ‘winners’ at end of 2023


by The Independent

The Independent— Between October 1 and December 31, Nationwide made 163,363 net gains in terms of full account switches, the Current Account Switch Service said.

@cityam—Nationwide wins current account switching battle with record 163,000 customers after £200 offer. Nationwide stormed ahead of its rivals by setting a record for UK current account switches in the final three months of last year, according to new data, as intense competition for deposits among lenders continues into 2024.

The Independent—First Direct relaunches its offer of £175 to switch current account. The offer will be around for a limited time only, the bank said.

BBC—Lloyds profits drop 28% after bumper 2023. Lloyds Banking Group has announced its profits plunged by 28% in the first three months of this year. The bank posted profits of £1.6bn for...