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Customers withdraw record amount of savings in May

https://www.bbc.co.uk/news/business-66051711

People withdraw £4.6bn from accounts in May - the highest on record, Bank of England data shows.

Customers withdraw record amount of savings in May

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The irony of this is that this is the opposite of what the Bank of England is trying to achieve with the rise in interest rates. Which shows the problem can't be solved simply through the fiscal apparatus of the BoE and needs the government to actually do something about the other economic pressures.