M&S Bank slashes interest rate on its regular savings account from 5% to just 2.75%

[macliam]

UK banks generally don't charge for a current account....

Years ago you could get interest on a current account. Most firms insist on paying wages into a bank account so if you get charged you should be able to insist on being paid in cash.

Years ago you got well-above-inflation interest on savings too.....
Years ago there were "free" cashpoints everywhere.....
Government intervention to "save" the banks has scuppered all that - now you're expected to thank the banks for "looking after" your money.