Savings News
Great rate - but what's the catch?
There is now an extensive choice of headline rate instant and easy access savings accounts available but savers need to be alert to any restrictive conditions before they invest in an account.
Yorkshire launches new Guaranteed Investment Account
On Friday 29th August, Yorkshire Building Society is launching a new Guaranteed Investment Account that will allow savers to benefit from the potential growth in the stock market over the next six years, without the risk of buying shares.
Buy now pay later - No longer preferred option
Current economic conditions have made millions of Britons re-evaluate their financial priorities, according to research from Abbey Savings.
Newcastle Intermediary Services launches clean energy product
Newcastle Building Society has launched the Clean Energy Select Account exclusively for intermediaries via its dedicated intermediary service, Newcastle IS.
Family worth set to grow despite credit crunch
Britain may be teetering on the brink of recession but the value of the average British family's possessions is set to increase in the next five years, according to research by MORE TH>N insurance.
Leeds sets the agenda with savings operation in Ireland
Leeds Building Society became the first UK Building Society to open a Euro deposit taking operation in Ireland on 1st July.
Battle for savers money rages
Janet Cane, savings analyst at Moneyfacts.co.uk, comments: "Many providers have realised that there is no more new money in the market and that the only way to increase their balance sheet is to tempt savers' money from their competitors.
Encourage the savings habit with a deposit scheme
The Government should immediately set up a national Home Deposit Savings Scheme offering substantial tax-free bonuses to help struggling first-time buyers get on the housing ladder, says David Pretty CBE, chairman of the New Homes Marketing Board.
Brits blow £50 billion of savings on holidays each year
Brits are blowing their hard earned savings on holidays, according to new research conducted by Abbey Savings. In fact, over one in four Brits (26 per cent) believe that the best way to spend excess money is to go on holiday, rather than save.
'Rate tarts' retire as market turmoil knocks confidence
In the current economic climate, 70 per cent of people say that they want to have their money with a bank they know and trust rather than chasing a top rate with an institution they don't know so well according to new research from Lloyds TSB.
Savings feel good factor
As the world marks the first anniversary of the credit crunch, a new survey has revealed that astonishingly, many people enjoy shopping even more now than they did a year ago.
Brits raid savings to cover spiralling costs
As the economic downturn deepens, Britons are having to raid larger amounts of money from their existing savings to cope with the rising cost of living according to new research from Birmingham Midshires.
Beat inflation with Leeds Building Society's Inflation Buster Accounts
Leeds Building Society's Inflation Buster Bond and ISA, which are guaranteed to beat rising inflation by 2.25%, are proving very appealing to both basic and higher rate taxpayers.
Windfall Brits escape credit crunch
At a time when skyrocketing household prices are forcing many Britons to cut back on their spending, new research from ICICI Bank reveals that not everyone is seeing red with the credit crunch.
Abbey Super Monthly Saver beats inflation
With news out today that RPI has hit new heights at five per cent savers have to think outside the box in order to make any real return (when taking in to account tax and inflation).