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ISAs
Fidelity International raises interest rate for ISA Cash Park
Fidelity International has raised the interest rate payable to investors holding cash in its popular ISA Cash Park to 0.2% above the Bank of England base rate.
M&S reduces variable Cash ISA rate
Following last week's 0.50% Bank of England Base Rate change, the M&S variable Cash ISA rate has changed from 2.50% to 2.00% AER/tax-free.
Leeds Building Society guarantees to pay RPI plus 2%
As the Bank of England's Monetary Policy Committee (MPC) looks set to reduce Bank Base Rate to a historic low on Thursday (8th January), many investors, who have already suffered from the 3% drop in Base Rate since October last year, will be looking for opportunities to maximise the return on their savings.
Saving more is New Year's resolution for half of Brits
Almost half of British consumers will make it a New Year's resolution to save more money for the future, according to research commissioned by the ABI. And over 50% say they are more likely to make that resolution given the current economic climate.
Cash ISA savings are highest in Epsom & Ewell
The biggest ISA savers in the UK are in Epsom and Ewell with an average balance of £9,343, according to the Halifax ISA Savings Report.
M&S reduces variable Cash ISA rate
Following last week's 1.00% Bank of England Base Rate change, M&S Money has reduced its variable Cash ISA rate by 0.50%. With effect from today, 8th December 2008, the rate is 2.50% AER/tax free.
Newcastle Building Society ISA with rate of up to 4.5%
Newcastle Building Society announces the launch of its new ISA+ (Issue 2), with a variable rate of up to 4.50%, including a bonus of 0.50% paid until 1st of July 2009.
Leeds Building Society launches 5-Year Fixed Rate Escalator ISA
Leeds Building Society has launched a 5-Year Fixed Rate Escalator ISA paying up to 5.00%. Furthermore, the account allows access at any time, without notice or penalty, to up to 25% of the initial amount invested.
M&S Money savings rate changes
Following last week's 1.50% Bank of England Base Rate change, the M&S variable Cash ISA rate has changed from 4.50% to 3.00% AER/tax-free.
NS&I Direct ISA interest rate lowers to 3.30%
The interest rate paid on NS&I's Direct ISA will decrease from 4.80% per annum to 3.30% following yesterday's decrease in the Bank of England base rate.
Scottish Widows Bank strengthens E-Cash ISA rate
Scottish Widows Bank has further improved their new E-Cash ISA savings account. From 3 November an increased bonus of 1.50% will be available on the E-Cash ISA for 12 months, giving an initial AER of 6.00% tax free, variable.
ISA investors seeking yield
Alliance Trust Savings, a leading UK financial services provider, has published the results of its quarterly ‘Alliance Trust ISA Ranking1' for the second quarter of 2008/9 tax year. The Alliance Trust ISA Ranking lists the most popular investment trusts that private investors have chosen for their ISA through Alliance Trust Savings.
Savvy savers know ISAs aren’t just for April
As Brits across the country strive to meet the new 31 October deadline for paper ‘Self Assessment' tax returns, Alliance & Leicester reminds savers to make the most of their tax-free ISA allowance all year round and not leave it to the last minute, at the traditional ISA rush during March and April.
Seven–fold increase in ISA savings since 2000
The value of ISA savings in the UK stood at £207.8 billion at the end of the tax year 2007/08, a seven-fold increase on 1999/00 (£28.6 billion), according to a report by the Halifax.
M&S Money reduces variable Cash ISA rate
Following last week's 0.50% Bank of England Base Rate change, the M&S variable Cash ISA rate has changed from 5.00% to 4.50% AER/tax-free.