A Cumbrian building society's current accounts have been recognised as being among the best in the country after once again being awarded a five-star rating.

The Annual Star Ratings made by independent experts at Moneyfacts has seen The Cumberland Building Society achieve top marks for its business current account and schools business account.

Head of Commercial at The Cumberland, Scott McKerracher, said: "For our business current account and schools account to gain five stars is testament to the comprehensive range of standout features we can offer, which sets our products apart from the rest of the market."

Moneyfacts Group has been identifying the best financial products in the UK for more than 30 years, researching and assessing thousands of mortgages, savings, personal loans, pensions and business banking accounts to award its ratings.

Editor of Business Moneyfacts, Lee Tillcock, said: "The challenges of the last year have seen the importance of products in the business current account and credit card sectors grow further.

"The impressive range of features offered to meet the needs of modern-day businesses means that there are plenty of options to consider when choosing a business current account - the annual Moneyfacts Business Current Account Star Ratings provide businesses with valuable insight into the quality of the features on offer, before assessing the individual costs.”