Savings News
Holidays are number one priority for British savers
When it comes to working out our 2013 spending plans, Brits are overwhelmingly opting for fun in the sun, according to research by Norwich & Peterborough Building Society.
Pay off debts and save for a rainy day - Brits 2013 financial resolutions
As 2012 draws to a close and 2013 starts afresh, the nation reveals its financial resolutions for the New Year.
Inflation remains stubbornly high as savers continue to feel the pain
The announcement by The Bank of England that The Consumer Price Index (CPI) remained stubbornly high at 2.7 per cent, will be a cold blow for savers and means searching for the best savings rates is vital to ensure they are maximising their returns, according to MoneySupermarket.
Savings raided in the run up to Christmas
In the three months to the end of November people who raided their savings did so to the tune of an average £1186 to pay for unexpected costs and bills.
"NONYs" just want to have fun
Independence is low on the agenda for Britons with 5 million 25-40 year olds classing themselves as financially dependent, according to Bright Grey's Generation Now report.
Resolve to pile on the pounds in 2013
Britain's hard pressed households could give themselves a New Year financial boost in 2013 by resolving to pile on the pounds.
Brits are hoarding nearly £320m in loose change around the house
Over £317.5 million pounds in loose change is gathering dust in UK households[i], according to the latest findings from Lloyds TSB.
Savings balances reveal new ‘South-South’ divide
Savings balances show the emergence of a geographic split, which contrasts the more typical north south divide.
Brits hide savings, debts and income from partners
Millions of people across the UK have savings, investments, debts and income that they choose to keep hidden from their partners, according to new research from Prudential.
Christmas comes early for Asda savings customers
Asda Money has announced that it has paid out over £1million in bonuses to over 500,000 Christmas Savings Card customers to help towards their Christmas shopping this festive period.
Half of Brits feel worse off now than they did 12 months ago
Nearly half (49%) of Brits feel worse off now than they did 12 months ago, the highest number ever recorded by Gocompare.com, which has been asking the question since August 2010.
Traditional v's new banks: how savings accounts fare
Analysis from MoneySupermarket has revealed that a host of new banking entrants can currently offer consumers a better return on a range of savings products, more so than deals offered by the traditional high street banks.
Inflation soars to 2.7 per cent - savers need to maximise returns
Today's announcement by the Bank of England that The Consumer Price Index (CPI) has soared from 2.2 per cent - its lowest level in almost three years - to 2.7 per cent means consumers should be checking their savings rates even more to ensure they are maximising their returns, according to MoneySupermarket.com.
Prudent over 50s are making extra savings for retirement
With regular warnings of poverty in old age, nearly half of 50-64 year olds are building a savings nest egg to supplement their pensions in retirement.
8 million households could not survive until the weekend on savings
Thirty-one per cent of UK households have less than £250 set aside as a financial safety net, according to research from HSBC.