Brits are missing out on a financial windfall by overlooking a simple error, according to money gurus. Savvy savers are being urged to scrutinise the interest rates on their savings accounts and hunt for more lucrative options.

With interest rates on the rise, experts argue that now is an opportune moment to act, as millions of households could potentially secure a better rate.

Despite the availability of attractive deals, many individuals remain loyal to their existing savings accounts with…