Former England and Arsenal legend, David Seaman, took on commuters in a public penalty shoot-out at London’s King’s Cross Station, as he sought to help people get more for their savings.

The ex-stopper saved a total of 16 out of 26 shots from members of the public over a 5-minute period, showing that the Premier League-winning goalie is still capable of an excellent save or two.

The former England number one took part in the public shoot-out as part of the Financial Conduct Authority’s campaign to encourage savers to shop around for a better rate for their savings.

Research by the Financial Conduct Authority (FCA) found only 52% of savers said that they had ever switched, or were considering switching, their savings accounts. This is despite savers, some of whom are receiving interest rates of 1%, potentially missing out on better savings deals offering more than 5% for an easy access deal and 7% for a regular saver.

Someone with £5,000 in savings on one of the lower rates available on the market could earn an extra £153-a-year by switching to one of the better rates on the market.

The FCA is encouraging savers to take advantage of a more competitive market. To help people do so, it has created a basic online calculator (https://www.fca.org.uk/consumers/savings-calculator), enabling savers to see how much interest they could earn if they got a better rate.

David Seaman commented:

“It’s been a fun time back in goal making saves. Just like in football, where things can change in just a quick 5 minutes, the same is true for choosing the right savings account. It is so swift and easy to shop around.

“Don't let your hard-earned money sit idle when it could be working harder for you. See if you can get a better deal.”

Notes to editors

1. The Financial Conduct Authority’s consumer research was conducted by Opinium, with over 2,000 respondents aged between 18-55+ who invest

2. Data on the number of scam victims and their collective financial losses are from the Financial Conduct Authority’s Supervision Hub

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