Savings
Norwich and Peterborough launches new savings accounts
Norwich and Peterborough Building Society (N&P) is launching two new savings accounts with ‘best-buy' rates - and there's a choice for customers depending on whether they'd prefer to run their savings by post, or online.
MoneyExpert.com: "Bank of Mum & Dad"
Sean Gardner, director of MoneyExpert.com, said: "The Bank of Mum and Dad is perhaps more exposed to an economic downturn than most.
ifs ProShare calls on Chancellor to lift SAYE savings limit
ifs ProShare, a member led organisation that acts as the voice of the employee share ownership industry, has today written to Chancellor Alistair Darling urging him to increase the maximum amount employees can save in a Save-As-You-Earn employee share plan.
cahoot joins the 7% club
From 16 July cahoot will launch a special 12-month bond paying a competitive 7.01% gross/AER. Customers should be happy to lock away between £1,000 up to £2m for the term in order to receive this fantastic rate. This is a strictly limited offer and will be subject to availability.
Pocket money immune
Adults are protecting their children from the effects of the Credit Crunch, according to new research from Skipton Building Society.
Grass-roots rugby boosted by Bank's Super Saver
In the first partnership of its kind, Scottish Widows Bank and Scottish Rugby have launched a savings account which when opened, can directly support the growth of grass-roots rugby across Scotland.
Saga personal finance offers more to savers
Saga Personal Finance announced that it is now giving customers an even wider choice of high-interest savings products with the new issue of three attractive saving products. It is also increasing the interest rate on its online savings account to 6.44% AER.
Keeping regular pays as rates rise
Regular savings accounts are booming in the credit crunch with average interest rates climbing to 5.25 per cent compared with 4.23 per cent in January 2007 when the base rate was 0.25 per cent higher than now, analysis by MoneyExpert.com shows.
Brits reduce savings as credit crunch starts to bite
Consumer borrowing soared by £22.4 billion in the first quarter of 2008, £13 billion higher than during the same period in 2007, according to figures from Unbiased.co.uk, the Find an Independent Financial Adviser Search.
Skipton fixes higher rates
Skipton Building Society is launching a new issue of its range of Pick ‘N' Fix bonds with some of the best rates on the high street.
Anglo Irish Bank reigns supreme in savings survey
Anglo Irish Bank reigns supreme in Moneyfacts.co.uk consistent savings survey (July 2008). Michelle Slade, analyst at Moneyfacts.co.uk, comments: "No sooner do you find the best home for your savings, than the institution changes its rate.
Maximise vegetable and money yields
NS&I is alerting people that they can save money by growing and cooking their own vegetables and that produce grown in Britain could soon be very different to what we grow traditionally.
M&S Money increases rates on fixed rate savings
M&S Money is launching new, higher rates on 1, 2 and 3 year Fixed Rate Savings products with effect from 3rd July 2008, offering guaranteed rates up to 6.01% AER/gross.
Half of top savings accounts come with conditions
Sainsbury's Finance says that many of the best buy savings accounts are applying conditions on how they can be used, including limiting access to deposits. Its analysis of the top 50 instant/easy access savings accounts on balances of £1,000 reveals that 26 have one or more of these conditions.
Abbey issues new fixed rate one year savings bond
Abbey Savings launches on Friday (4 July 2008) its latest one-year savings account for customers looking for a guaranteed return on an amount of money they can lock away for one year. This is a strictly limited offer and will be subject to availability.