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Wednesday, 19 September 2007

Given Northern Rock troubles, will savers shun online savings accounts?

Jo Parker

Given so many people haven’t been able to withdraw money from the Northern Rock website in the past week, I’m left wondering what the impact will be on those with savings in online savings accounts?

It might mean we see a swing back to the favour of high street players, where you can at least queue outside to get your money out if you need to. Certainly worth watching how savers react in the next few months…

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