Savings
Brits forced to dip into savings since the credit crunch
Almost half of UK savers have been forced to dip into their investments since the onslaught of the credit crunch, while 14 per cent have either stopped saving or reduced the amount they save.
Leeds guarantees up to 3.50%, with access
Leeds Building Society has launched a new range of fixed rate bonds for 1, 2 and 3 years that combine a competitive return of up to 3.50% gross p.a./AER, with the flexibility of instant access to 25% of the balance, without notice or penalty at any time.
Over £30 million unclaimed premium bond prizes in UK
A major nationwide search has been launched by NS&I (National Savings and Investments) to track down the winners of over 550,000 unclaimed Premium Bond prizes worth over £30 million in total.
Nationwide offers new issue of Legal & General’s GEB
With effect from Monday 16 February 2009, Nationwide is offering a new Legal & General (L&G) Capital Guaranteed Multi-Index Equity Bond (GEB).
Growing numbers caught in sandwich generation trap
A growing number of UK adults are caught in a dilemma of wanting to support their parents financially, but not having the funds to do so, a report reveals today.
Cheshire and Derbyshire launch new fixed rate bonds
The Cheshire and Derbyshire Building Societies have launched market-leading one and two year fixed rate bonds, offering rates of up to 3.75% Gross/AER (3.00% net).
Credit crunch cloud has a green lining
It seems that even the credit crunch cloud has a silver lining, or at least green one. Indeed according to new research from cahoot, Brits are starting to live greener lives as a by product of their efforts to keep their living costs down.
Kaupthing savers weigh up ING's six-month bonus offer
Commenting on ING's new offers to its ex-Kaupthing savings customers, Kevin Mountford, head of banking at moneysupermarket.com, said: "The majority of personal savers with failed Icelandic banks survived a big scare last year.
Pocket money comes of age
In October 1987, Halifax surveyed members of the Little Extra's Club gaining their opinion on pocket money.
Brits put saving before luxury spending
The amount Britons raided from their savings in the last three months fell by £204 (40%) compared with the same period last year (£506 to £302), according to the latest Saving Britain research from Birmingham Midshires.
Nationwide calls on consumers to start saving
Nationwide Building Society today calls on consumers to start saving. Its latest savings research reveals just over half (54%) of people think now is a bad time to save with just under a quarter (23%) of those questioned admitting they do not save anything at all.
Coventry Building Society launches new fixed rate savings bonds
On Friday 6 February, Coventry Building Society is launching a new range of highly competitive 1, 2 and 3 year fixed rate bonds.
New report shows that saving makes sense
New research published today by the Government, showing that saving makes sense as it substantially improves retirement income, is a positive step towards encouraging saving, according to the ABI. Maggie Craig, the ABI's Director of Life and Savings, said: "The ABI has always said that saving makes sense.
Chelsea launches England Rugby savings account
England Rugby fans can invest in the future of the game by opening an England Rugby savings account with Chelsea Building Society.
Spenders versus savers
Although by now many people have given up on their New Year resolutions, this year people are still looking at their finances more closely.