Emergency savings pot is something we could all benefit from – yet almost half of us are putting nothing aside By Toby Walne, Financial Mail on Sunday Published: 21:50 BST, 22 May 2021 | Updated: 10:58 BST, 23 May 2021 An emergency savings pot is something we could all benefit from – yet almost half … Read more
Savings rates might be slowly ticking up, but the cost of living is increasing even more quickly. Consumer price inflation more than doubled last month to 1.5 per cent, the Office for National Statistics said on Wednesday, leaving most savers with nowhere to go to avoid losing money in real terms. As a result, cash … Read more
After a rather stormy year for the stock market, a new threat has arrived to plague investors — inflation. Britain expects a spending boom as lockdown restrictions ease. Last week, Bank of England chief economist Andy Haldane predicted the economy will grow at its fastest since World War II. But experts warn that a surge … Read more
With the change to tax on interest mentioned in your article last week I think that I may exceed the £1,000 Personal Savings Allowance. I have a state pension and two small company pensions which total approximately £11,000, plus I have NS&I Guaranteed Growth Bonds and other savings on which interest may total over £1,000, … Read more
Lloyds Banking Group plotting to acquire savings company for £400m in biggest deal since bank was privatised By Emma Dunkley, Financial Mail On Sunday Published: 21:50 BST, 8 May 2021 | Updated: 21:50 BST, 8 May 2021 Lloyds Banking Group is plotting to acquire a savings company for £400million in its biggest deal since the … Read more
Britons will hang on to some of their lockdown savings habit in 2021 but in a blow for cash savers the base rate could stay at an all-time low for another two years, the Bank of England said yesterday. In its latest monetary policy committee report the central bank forecast the base rate could inch … Read more
The banks that grow trees as well as your savings: NS&I to launch new ‘green’ account this summer Oxbury Bank’s Forest Saver account funds woodland creation projects Gatehouse Bank has launched a range of Green Saver fixed-rate bonds and Isas Triodos Bank lends your money to environmental, cultural and social projects By Sylvia Morris For The … Read more
Cash savings websites paying four times the best rates on offer from banks and building societies By Sylvia Morris For The Daily Mail Published: 22:01 BST, 20 April 2021 | Updated: 22:01 BST, 20 April 2021 Cash savings websites offer exclusive deals that pay four times the best rates on offer with banks and building … Read more
Britain’s first agricultural bank in 100 years has launched a new best buy one-year fixed-rate bond, except for one catch: none of the interest will be paid to savers. Oxbury Bank, which opened its doors in early February and lends money solely to British farmers, has launched a new ‘Forest Saver’ that will plant trees … Read more
Marcus Bank will FINALLY launch a best buy cash Isa next week after two years of hinting – will it help trigger a tax-free savings war? The bank will pay 0.4% tax-free interest to savers from 6 April onwards It does not allow previous year’s transfers or non-Marcus customers Marcus first hired a Isa product … Read more