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More than 600,000 switch bank providers under new system

More than 600,000 current account customers have switched providers in the six months since a new guarantee to take the "fear factor" out of changing banks was launched.

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Almost three-quarters of Britons trust their bank

Around three quarters of the British public say they trust their bank (74%), according to a new ITV News Index poll carried out by ComRes.

Exactly the same proportion said that banks are generally a safe place to keep your money.

The City of London where a significant proportion of the UK's banking takes place. Credit: PA

However, a large minority (34%) think it is most important to have a broad choice of different bank accounts, even if this makes banking more complicated.

ComRes polled 2,034 British adults online between April 4 and 6 this week.

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