Savings
It’s not too early to be planning for next Christmas
Rachel Thrussell, Head of Savings at Moneyfacts.co.uk, explains the advantages and catches of regular savings accounts.
Britain's new breed of 'Jekyll & Hyde’ savers
Sixty-six per cent of people incurring interest on items such as credit cards, overdrafts or loans have a savings account or ISA too.
Friends Provident adds 18 new funds to its Wealth Solutions bond
Friends Provident, the FTSE 100 life and pensions company, has added a further 18 new funds to its recently launched FRIENDS Wealth Solutions Bond, as part of its plans to boost its wealth management offering.
Quids for kids this Christmas
British children are due to receive a cash windfall of some £2.4 billion this Christmas as parents, grandparents, aunts and uncles turn to pounds and pennies for presents this year.
Britannia acknowledges difficulties facing first time buyers
Neville Richardson, Group Chief Executive of Britannia, said: "Getting on to the property ladder is not just about choosing the right mortgage; it's also about saving money for a deposit and making the right lifestyle choice.
Fix now with Coventry’s 50 Plus eSave
Following today’s base rate reduction, the interest rates on many top paying variable savings accounts in the market place will be cut.
Abbey issues one year savings bond
Abbey Savings has announced the launch of one-year term savings accounts for their customers looking for a guaranteed return on an amount of money they can lock away for a year.
Limited bond is a Christmas cracker from Skipton
A limited edition bond from Skipton Building Society is offering savers an early Christmas present, with an interest rate of 6.75%.
Savers benefit from the liquidity crisis as fixed rates rise again
Andrew Hagger, Head of News and Press at Moneyfacts.co.uk, comments on the recent increase in short-term savings rates.
Brits spend £12bn on Christmas presents
UK adults will spend an estimated £11.92billion on presents this Christmas, according to Halifax, UK savings provider.
Pensioners have £33,000 in savings pot
In contrast to news this week that the average Briton has £33,000 worth of debt, new research reveals that people over the age of 55 have an average savings ‘pot’ of just over that amount - £33,091 and the over 70s are best off.
Leeds launches new Bond guaranteed to beat inflation
Leeds Building Society is set to launch a new Inflation Buster Bond (available from Thursday December 6th) which has proved extremely popular with customers looking for a real return from their savings.
The fairer sex to the financial rescue
Men have been less likely to lend money to their children than women - over half of women have helped out their children financially (52%) compared to only 40 per cent of men, according to research by Unbiased.co.uk.
Rising rates good news for Yorkshire savers
Yorkshire Building Society has increased the rate on its one year fixed rate bond to 6.35% gross per annum (5.08% net). The Rollover Bond is also available with a monthly interest option for those who rely on their savings for income.
Abbey launches latest guaranteed growth plan
Abbey has launched a new Guaranteed Growth Plan (Issue 12) linked to the FTSE 100 Index. It offers a guaranteed minimum return of eight per cent over a three-year period or 20 per cent over a 5.5-year term.