Major banks are under fire for offering customers “paltry” savings interest rates despite being put on notice by the UK’s financial services regulator. Santander, Lloyds and HSBC are among the high street banks providing less competitive accounts compared to competitor banks, according to Which?. The consumer watchdog’s analysis come nearly a year after the Financial Conduct Authority (FCA) issued a 14-point action plan in July 2023. This urged banks to change their behaviour after MPs found many were not putting forward competitive rates, with the next review set to be published soon. Which? …