Nationwide launches 8% account as battle for UK’s savings intensifies

Building society's regular saver for current account holders is one of a growing number paying 6% interest or more

Competition among financial firms for a slice of the nation's savings is intensifying, with Nationwide launching an account paying a market-leading" 8% interest.

A string of Bank of England interest rate rises have pushed up savings rates across the board, and many experts expect another one on Thursday.