Savings
Record low base rate four years on - the winners and losers
With March 7 marking the fourth anniversary since Bank of England base rate dropped to a record low of 0.5 per cent, analysis by MoneySupermarket has shown that the cost of borrowing on mortgages and personal loans has fallen dramatically over the period, while savings rates have plummeted further since the Funding for Lending Scheme was introduced in August 2012.
Attitudes to saving creating national financial precipice
Almost 15 million people across the UK (31% of the adult population) are not currently making any efforts to save for the future, while eight million people (17%) have no savings to their name at all, according to Scottish Widows' seventh annual Savings and Investment Report.
Leeds launch fixed rate bonds with flexibility
Leeds Building Society has launched a new range of fixed rate bonds paying up to 2.50% annually or 2.27% AER monthly, for those customers who require an income.
Women more committed to saving than men
Despite lower average earnings women are now saving more money than men, according to the latest Halifax Savings Barometer.
Leeds offers combination of a competitive return whilst supporting charity
Leeds Building Society has launched a new affinity savings product in aid of Marie Curie Cancer Care.
Brits face 12 years of hardship in retirement after savings run out
Today's workers will run out of savings just seven years into their retirement according to new research from HSBC.
The Co-op offers savers a boost with new fixed term bonds
The Co-operative Bank is offering a welcome boost to savers with newly launched rates on its fixed term deposits.
New internet savings account from AA Savings
AA Savings has launched a new easy access, internet savings account offering up to 1.70% gross/AER variable (1.36% net).
Cahoot launches new two-year fixed rate bond paying 2.40%
Following the launch of several successful one year bonds during 2012, cahoot is launching a new two-year fixed rate bond paying 2.40 per cent AER. The bond is available from 12 February to 12 March 2013 (subject to availability).
The ‘baby buffer’ - average family banks £2,547 before a new arrival
Typical parents-to-be have a ‘baby buffer’ of £2,547 in the bank to prepare for their new arrival, research has revealed.
Inflation remains high but savers can still make money work harder
Today's announcement by The Bank of England that The Consumer Price Index (CPI) has remained at 2.7 per cent, means that savers need to be proactive and move to an account paying better rates in order to limit the impact of inflation on their money, according to analysis by MoneySupermarket.
1 in 5 Brits have never switched and saved
New research by Gocompare.com has revealed that although 64 per cent of Brits are expecting 2013 to be a very difficult year for them financially, over 9.5m UK consumers haven't switched any of the 10 most common financial products including car insurance, home insurance, energy provider, credit card or mortgage lender...ever.
Premium brand 20-a-day smokers could save up to £2,900 in 2013
This New Year, the Money Advice Service urges smokers to try its free, online Cut-back calculator to instantly reveal how much cash they could save if they cut back or quit smoking - extra cash which could work hard in a savings account such as an ISA or a pension.
Holidays are number one priority for British savers
When it comes to working out our 2013 spending plans, Brits are overwhelmingly opting for fun in the sun, according to research by Norwich & Peterborough Building Society.
Pay off debts and save for a rainy day - Brits 2013 financial resolutions
As 2012 draws to a close and 2013 starts afresh, the nation reveals its financial resolutions for the New Year.