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Financial Times - Record withdrawals from banks as British households tap into savings

Summary of the front page

Record withdrawals from banks as customers dip into their savings accounts is the splash on the front of the Financial Times.

British households withdrew £4.6bn from bank accounts last month, the highest level since monthly records began in 1997, according to the paper. 

The front page says the data, published by the Bank of England, suggests consumers are either shopping around for higher interest rates or tapping into their savings to pay their bills.

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