How to invest in a crisis: Stock markets have plunged… But you need not abandon shares just yet By Tony Hazell for the Daily Mail Published: 22:31 GMT, 24 March 2020 | Updated: 23:49 GMT, 24 March 2020 It’s a brave soul who puts a large lump sum into volatile markets – and the £20,000 … Read more
Why it’s STILL worth saving with cash: With all savings accounts paying paltry rates, the cash Isa looks appealing again By Sylvia Morris For The Daily Mail Published: 22:31 GMT, 24 March 2020 | Updated: 23:49 GMT, 24 March 2020 Cash Isas have lost some of their sparkle after a decade of low interest rates … Read more
Isas – or Individual Savings Accounts – have been handing out tax-free rewards for the past 21 years. Savers and investors now benefit to the tune of £3.3billion a year by using the tax-free accounts to earn interest and returns on the stock market. In total, British savers have used Isas to shelter nearly £40billion … Read more
Lock into a fixed-rate savings deal now following two recent Bank of England base rate cuts in quick succession By Sylvia Morris For Daily Mail Published: 22:26 GMT, 24 March 2020 | Updated: 22:26 GMT, 24 March 2020 Savers should waste no time and look to lock into a fixed-rate deal now. In recent years … Read more
Banks across Britain are allowed to stay open during the coronavirus pandemic, with the Government last night putting branches on the exception list. That means that during the time that the UK is on lockdown, banks are able to remain open but most are putting place social distancing measures and may close some branches. This … Read more
Small banks hand savers a lifeline despite two quickfire base rate cuts as best buy short fixed-rate deals appear… but they may disappear fast The Bank of England has cut its base rate from 0.75% to 0.1% in eight days This has led to a fear of a raft of savings cuts and best buy … Read more
With millions of households spending much more time at home due to the coronavirus outbreak, people are inevitably going to have higher bills. Whilst this is far from ideal, there are ways to mitigate the costs and do some money-saving for future bills too. Britons could make the most of their extra time at home … Read more
Just after Christmas last year I noticed my Halifax Ultimate Reward account, which I use as a savings account, had been billed £290 by Sky. I have been a Sky customer for a decade, but I did not recognise the charges, as I have previously paid my bill through direct debit from a Clydesdale Bank … Read more
‘Cuts are inevitable’: Savers warned to prepare for another reduction in interest after base rate change Most banks and BS will start cutting rates in ten days’ time, expert says They will account for two changes in Base Rate, that has been cut to 0.1% By Jeff Prestridge for The Mail on Sunday Published: 22:59 … Read more
Savers set for a double-whammy as base rate is slashed to lowest ever level of 0.1%… but many banks haven’t even passed on last week’s cut yet The Bank had already cut base rate last week from 0.75% to 0.25% This rate influences banks determining mortgage and saving rates One expert says we are living … Read more