ISA savers offered a tasty morsel

Commenting on the upcoming regular saver ISA from Principality Building Society, Kevin Mountford, head of banking at independent comparison site moneysupermarket.com, said: "The battle for savers in the new financial year has started early with the launch of the Principality regular saver ISA fixed at five per cent for the next tax year.

"With a maximum investment of £300 per month, savers looking to make the most of their cash in the coming year should take advantage of this great rate when it launches on Monday. The Principality offer is also a viable option for those who want to save regular smaller amounts."