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Savings

Coventry launches 50 Plus Notice account

On Thursday 20 March, Coventry Building Society will be extending its highly successful Sixty-Plus Notice account to the over 50s.

Saga Personal Finance launches two new savings products

Saga Personal Finance is introducing two new saving products with the launch of the Saga One Year 8.00% Guaranteed Equity Bond and the new Saga Telephone Savings Account. These new products further widen the portfolio of savings products available through Saga.

MoneyExpert.com: Birmingham Midshires Egg-beating savings account

Sean Gardner, Chief Executive MoneyExpert.com said: “With Birmingham Midshires launching an account guaranteed to be 0.5% above Egg’s best offer the knives are clearly coming out in the savings market.

The Co-operative Bank offers new fixed term deposit rate

The Co-operative Bank has announced that it will be revising its current Fixed Term Deposit Rate and offering customers a new highly competitive rate of up to 6.62% Gross/AER on a one year term.

Halifax welcomes extension of Saving Gateway

Commenting on the extension of the Saving Gateway initiative, Tony Wilcox, head of savings at Halifax: "We welcome the Chancellor's announcement to extend the availability of the Saving Gateway initiative. This is good news for those savers who need the most help.

UK tax regime should reward hard work, say Brits

85 per cent of Brits believe that the current UK tax regime needs to do more to reward those who work hard and save well, according to new research from Abbey Savings.

Road to the Saving Gateway is paved with opportunity

In a year of tough decisions about spending priorities, taxes and new Government initiatives, the Chancellor has a unique opportunity to help millions of people in Britain understand the merit of savings.

NS&I launches new Guaranteed Equity Bond

NS& I (National Savings and Investments) is to launch a new issue of its Guaranteed Equity Bond on 12 March 2008. This will offer a gross return that matches FTSE 100 Index growth, up to a maximum return of 70%, over the five year term of the Bond, without any risk to investors' capital.

Leeds launches new Bond guaranteed to beat inflation

Leeds Building Society is set to launch a new version of its Inflation Buster Bond, which has proved extremely popular with customers looking for a real return from their savings.

TISWAS generation facing bleak financial future

They may have been brought up during a golden age of children’s television, but the gaping financial black holes of the TISWAS Generation – ThIrty Somethings Without Any Savings – mean many will have to work into their 70s or hope they start earning six-figure salaries just to get by.

Credit crunch reveals winners and losers as bank holds rates

Payouts on savings are up a staggering 1.2 percentage points from January 2007 despite the Bank of England base rate being the same now as it was then, according to new research from MoneyExpert.com.

Hop along to Skipton for a great Easter bond

Savers should forget chocolate eggs this Easter and instead be tempted by the new limited edition bond from Skipton Building Society, with an interest rate of 6.50%. The 18-month Easter Bond will be available from today but will disappear as soon as maximum funds have been received.

Bradford & Bingley launches new longer-term fixed rate bonds

Bradford & Bingley has today launched a winning hat-trick of longer-term fixed rate bonds, all offering a highly competitive rate of 5.75% p.a. gross/AER to customers looking for a premium fixed return on their savings.

Abbey enhances savings range

Reinforcing their commitment to encouraging savers to put more money away for their futures, Abbey Savings has increased the savings limits and bonuses on a number of its savings products.

Dramatic fall in level of savings

Excluding pension contributions, UK adults are saving on average just 5.9% of their gross income each month, while 37% of people claim they are unable to save anything at all.