Department set up to save taxpayers money might not be saving them any money There is a lack of resources at the "understaffed, poorly defined" Office of Value for Money, a new report has claimed.

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We picked the money market account from Quontic Bank because it has a competitive tiered interest rate structure and comes with a debit card offering access to over 90,000 ATMs nationwide.

Reacting to the news, Money blog regular and savings expert Anna Bowes says it's great to see a current account provider offering such competitive rates, especially with a larger limit.