Banks and building societies have already started slashing rates on some of the best savings deals, just two days after the Bank of England announced an emergency base rate cut to 0.25 per cent. Three of the seven highest-paying easy-access accounts have either been pulled from sale or seen their rates cut, while some of … Read more
New £20 notes with serial numbers as low as 000010 will be auctioned off next month, and could sell for as much as £10,000, This is Money can reveal. The Bank of England is hosting a charity sell-off of the new notes featuring artist JMW Turner, which will be run by London auction house Spink. … Read more
Doing it for the kids! Budget hands young savers a boost as Junior Isa allowances more than double to £9,000 from April Junior Isas were introduced in 2012 and replaced Child Trust Funds Both currently allow those aged under 18 to save up to £4,368 tax-free a year This will be upped by 106% in … Read more
Some customers of Santander have accused the bank of making its online banking less secure after it revamped the way customers log on. At the end of January, the banking giant made changes which would make it ‘easier’ for customers to log into their account, requiring them only to enter their personal ID and a … Read more
Five out of the six High Street banks allow customers to bank cheques made out to their middle names By Samantha Partington For The Daily Mail Published: 22:00 GMT, 10 September 2019 | Updated: 09:13 GMT, 11 September 2019 Current account holders can still bank cheques made out to their middle names in five out … Read more
Welcome to the brave new world of cashless shopping – where Big Brother keeps an eye on your supermarket basket and you are served by robots rather than a friendly face. In the heart of the City of London, where pinstriped fat cats rub shoulders with riff-raff like me, is a Tesco Express store. Nothing … Read more
Why wouldn’t Barclays let me close my account and move £38,000? Customer left waiting EIGHT weeks to transfer foreign currency Robert Cooper closed his main Barclays current account in 2017 Last December, he tried to close three foreign currency accounts and move cash For eight weeks a string of bank employees told him he was … Read more
Lifetime Isa customers see delay on February bonus payments of up to £1,000 due to taxman glitch EXCLUSIVE: A blunder means that first-time buyers may be left without £1,000 Each month Lifetime Isa holders receive a 25% bonus on their monthly savings They can earn up to £1,000 on £4,000 of savings every tax year … Read more
Campaigners are calling on the Government to deliver a lifeline to savers in the Budget. National Savings and Investments (NS&I) last month announced cuts to more than a dozen products, while interest rates offered by High Street banks and building societies have been in freefall for months. Money Mail has long demanded better rates to … Read more
Signs of life in the cash Isa market as rates finally perk up with one provider offering £500,000 in prizes By Sylvia Morris For The Daily Mail Published: 22:01 GMT, 3 March 2020 | Updated: 22:01 GMT, 3 March 2020 Savers have been given a glimmer of hope with the launch of an easy-access cash … Read more