<div>UPDATE 2-UK's financial watchdog proposes overhaul of cash savings products</div> <!-- no image --> <div>Britain's financial markets watchdog proposed an overhaul of cash saving products on Thursday designed to improve interest rates offered to long-standing customers.<div class="feedflare"> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=w7d2GPFPgMo:6kr12xQb3qU:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?d=yIl2AUoC8zA" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=w7d2GPFPgMo:6kr12xQb3qU:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=w7d2GPFPgMo:6kr12xQb3qU:V_sGLiPBpWU" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=w7d2GPFPgMo:6kr12xQb3qU:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=w7d2GPFPgMo:6kr12xQb3qU:F7zBnMyn0Lo" border="0"></a> </div><img src="http://feeds.feedburner.com/~r/reuters/UKBankingFinancial/~4/w7d2GPFPgMo" height="1" width="1" alt=""></div> Posted by Reuters