Firms not choosing best bank accounts, says report
Smaller firms are missing out on more than £1 billion in interest payments because they are not choosing their business accounts more wisely, insurer Standard Life says.
It is urging more firms to move their bank accounts to ones paying higher levels of interest.
It found 60% were unhappy with their current banking services but 26% admitted they had not set up an appropriate business bank account, Business High Street reported.
