Britain shock Britain

Tesco confirms it is axing one of its most popular services in shock announcement

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manchestereveningnews.co.uk

Sign up to FREE email alerts from our Money Saving Club Newsletter Supermarket giant Tesco has made a shock announcement to shoppers in the UK.

Tesco Bank is to close all of its personal and business current accounts at the end of November after it found that the vast majority of its customers were not using it for their main account.

Customers will soon receive a message asking them to withdraw all their money from the accounts before November 30, and change any standing orders or direct debits.

Around 213,000 accounts are currently open with the bank; however, it estimates that fewer than one in eight of these are being used by customers as their primary account, according to PA. READ MORE: Two-week warning issued to shoppers at Tesco,

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