Savers have been dealt a blow after Marcus, the consumer banking brand of Goldman Sachs, announced it will withdraw its popular easy-access account from sale.
Marcus said the move to close the easy-access saver, which pays 1.05pc interest, was a temporary measure and that it hoped to relaunch it later in the year.
It will be closed to new customers this evening. Existing customers can continue to access and deposit cash as normal.
Since launching in September 2018, Marcus has consistently offered one of the highest interest rates in a stagnant savings market. The bank said 500,000 customers have opened