Millions of savers are missing out on significant returns as £46 billion sits in low-interest cash ISAs, with the average balance being over £6,700. Despite competitive rates available, the amount in these accounts has grown by £3 billion in the last year. Savers are urged to transfer to higher-paying accounts to combat inflation eroding their savings.
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Live Oak Posts Q2 Revenue Beat
Live Oak Bancshares (NYSE:LOB) reported Q2 2025 earnings on July 23, highlighting record loan production and deposit growth, resulting in total revenue of $143.7 million and EPS of $0.51, both surpassing analyst expectations. The bank, focused on small business lending and government-backed loans, demonstrated strong top-line momentum and improved cost efficiency, despite a dip in year-over-year GAAP profits. Want More Context? 🔎
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