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NS&I reduces interest rate on direct ISA

NS&I has announced that it is reducing the interest rate on its Direct ISA by 0.25% to 1.25% tax-free/AER. This change will come into effect from 16 November 2015. NS&I will be notifying customers affected by the interest rate reduction at least sixty days in advance of it taking place.

Halifax improves its one year fixed rate ISA

Halifax has increased the rate that customers will receive on its one year fixed rate ISA by 0.20%. At 1.60%, the one year ISA saver fixed is now one of the most competitive in the market.

Average ISA balances increase by 44% a year after tax-free limit increases

In the 12 months since the launch of the new ISA allowance (NISA), balances of new Halifax cash ISAs have increased 44% on average versus those opened 12 months ago, according to the latest Halifax Savings Review.

New flexibility will boost saving - and risk-taking

New tax-free allowances and increased flexibility will encourage savers and investors to put more money away – but could lead to a rise in the levels of risk they take on investments and the impact on their money, new research from Yorkshire Building Society shows.

Dismal interest rates putting consumers off saving

As many as 14.6 million consumers are not actively saving money and low interest rates are partly to blame for this, according to the latest research from MoneySuperMarket.

Halifax improves its savings range

Halifax has made a number of changes to its savings products, including increasing the rates that customers will receive by up to 0.35%, on a number of accounts within its fixed saver, tracker bond and fixed rate ISA ranges.

New tax year, new ISA for regular savers

To coincide with the start of the new tax year, Nationwide Building Society is once again offering an ISA account aimed at those savers who like to save regularly throughout the year.

Skipton's best buy bonus cash ISA is now available for online savers

Skipton Building Society has made its highly-attractive best buy Bonus Cash ISA available to online customers.

Yorkshire Building Society launches unique passbook ISA

Yorkshire Building Society has launched a new limited access ISA in response to savers who prefer to watch their money grow in a passbook.

ISA season marches closer as Skipton increases rates on one, two and three year fixes

Skipton Building Society has launched a new range of Fixed Rate ISAs and Bonds which include rate rises on shorter term savings.

Society launches competitive 18-month 1.70% bond and three-year 2.00% ISA

Yorkshire Building Society has expanded its savings products range by launching a competitive 2.00% three-year fixed rate ISA.

Unique 18 month Fixed Rate Cash ISA launched by Leeds Building Society

Leeds Building Society is adding to its portfolio of tax free savings products with a new 18 Month Fixed Rate Cash ISA paying a market-leading rate of 1.65% tax-free pa/AER.

Five Year Fixed Rate ISA added to Leeds Building Society’s tax-free savings range

Leeds Building Society is launching a new five year Fixed Rate Cash ISA paying 2.25% tax-free pa/AER on Friday, 28th November.

Skipton increases rates on one and three year ISAs and one year bonds

Skipton Building Society launches a new range of Fixed Rate ISAs and Bonds which includes interest rate rises on all one-year terms.

Lloyds Bank increases fixed savings rates

Lloyds Bank is increasing rates on a selection of fixed savings accounts. Accounts benefitting from a boost in their rate include: