Savings News
Longer term fixed rate investors face savings precipice
New HSBC analysis reveals that longer term fixed rate investors in the UK are facing a savings precipice this year when they come to reinvest as rates for long term products continue to languish.
A new branch manager for savings
Yorkshire Building Society is responding to customer demand by launching a new branch-based savings account - with a best buy variable rate.
Northern Rock adds helpful savings video guide to its website
Northern Rock has added another helpful video guide to its interactive savings website to help consumers with their savings choices.
Saving some of your ISA allowance could net enough for a deposit
Research from Fair Investment Company has revealed that by saving £525 a month into a stocks and shares ISA a 25-year-old could build up savings of more than £35,000 by the time they are 30.
Comparing savings with confused.com is easier than ever
The comparison site has launched a new online service - confused.com/savings to help savers compare interest rates, find the most competitive ISAs and understand some of the jargon often found in financial documents.
Residents in Richmond Upon Thames are biggest savers
Just a short stroll from the famous Richmond Park lives some of the nation's biggest savers, according to latest research from the Halifax savings; which identifies UK's postal areas with the largest savings balances.
Families struggle as savings rise, but so do debts
Families are struggling to save while keeping ahead of inflation and on top of unsecured debt, according to research from the latest Aviva Family Finances Report.
Post Office marks 150 years of savings
This year the Post Office is celebrating 150 years of helping the country to save. To mark this occasion it has revealed new research which gives an insight into the UK's saving habits a century and a half later.
Good things come to those who wait
A poll by long term savings and investments specialist Standard Life has found that one in eight of us adopt a ‘live for the moment' culture and would choose the instant gratification of a £640 holiday this year, rather than be willing to wait five years for a holiday worth £5,000 instead.
Brits raiding savings less as concern of inflation grows
Over half of Brits (52%) admitted being concerned about the impact inflation may have on their savings, according to the latest Saving Britain research from BM Savings.
Savers thrown a lifeline at last
uSwitch.com welcomes NS&I's new index-linked savings certificates as they could prove a lifeline for struggling savers, giving them guaranteed growth.
New issues of NS&I savings certificates
NS&I has introduced for general sale new issues of its Savings Certificates, including Index-linked Savings Certificates (also known as Inflation-Beating Savings) and Fixed Interest Savings Certificates.
Brits admit neglecting their financial wellbeing
Brits are burying their heads in the sand when it comes to their finances. Despite their best intentions, 17 million adults (35%) admit to neglecting their finances, according to the Scottish Widows Priorities of Life Index.
Teens’ dream of a wealthy future
British teens have an increasingly optimistic view of their financial future, which is not firmly grounded in reality, according to a new survey from RBS.
Savings and borrowing rates
The Bank of England has announced that the bank base-rate will remain at 0.50% - the base-rate has now been at this historic low for 26 consecutive months.