Wyelands Bank ordered by Bank of England to pay back all 4,000 savers

Around 4,000 savers will have £210million in cash returned to them after Wyelands Bank was ordered, in an unprecedented move by the Bank of England, to repay all of its depositors in full. Holders of its 35 and 95-day notice accounts, which have paid zero interest after a succession of cuts, will be paid until … Read more