Savings
Online tool advises how to mature your finances
Unbiased.co.uk, the website promoting the benefits of independent financial advice, today launches a new online service that identifies consumers’ true ‘financial’ age and offers advice on how to make the most of their money – no matter how old they are.
Two great Brits unite for Chelsea
A visually stunning display of the very best in fruit, vegetables, cut flowers, herbs and plants produced by professional growers from across the UK is set to be one of the star attractions among the floral exhibitors in the Great Pavilion at this year’s RHS Chelsea Flower Show (22 – 26 May 2007).
Sainsbury’s warns of disparity across savings interest rates
Sainsbury’s Bank urges savers to continue to shop around for competitive rates of interest from their savings accounts. New research from the bank reveals that there is huge disparity across the board with 16% of banks and building societies still offering savers derisory rates of less than 2% Gross AER.
Scotland dominates the premium bond prize league
Lady Luck favours the Scots according to the latest Premium Bond Prize League, with Glasgow emerging as the UK's luckiest postcode for winning top Premium Bond prizes in 2006/07 - and Kirkcaldy a close second. Edinburgh has also entered the top 10 in ninth place, making it a hat trick for the Scots.
Ecology Building Society hits 10,000
Ecology Building Society is celebrating the opening of its 10,000th savings account! The Society, which only operates ethical savings accounts, now has over 10,000 active savings accounts.
Time is at a premium to win £1m prizes
Time is running out for savers who want to be in with a chance of winning one of the five £1million jackpots in the Premium Bonds anniversary draw which marks 50 years in June since the first prize draw ever.
Piggy bank in the middle for baby boom generation
Britain’s baby boomers are playing financial ‘piggy in the middle’, torn between supporting their adult children and elderly parents, according to new research by EngageMutual.
Birmingham Midshires launches new fixed rate bond
UK savings provider Birmingham Midshires has announced the launch of a market-leading new One Year Fixed Rate bond with a rate of 6.16% gross/AER. Birmingham Midshires was the first savings provider to smash the 6% per cent barrier back in January and continues to offer its savers the most competitive rates.
More than half of bonus recipients resist the urge to splurge
Annual bonuses are providing a boost to British savings accounts according to the latest research from Birmingham Midshires. Almost four in ten (39%) bonus recipients saved all or most of their annual bonus over the last 12 months, whilst an additional nine per cent used their payout to reduce their mortgage. The study also found that six per cent ploughed the money into other types of investments.
Simple and straightforward Regular Saver for all
Leeds Building Society’s Regular Saver allows customers to benefit from a fantastic rate of 5.40% gross p.a./AER by investing as little as £20 per month.
‘Good Friday’ for the popular 2 year fixed rate bond
Leeds Building Society experienced its busiest day of the year on Good Friday last week as investors looked to maximise the interest on their tax-free savings by opening a new ISA, or topping up an existing account.
Vote with your feet and get to work with your mouse
Increase your savings interest rate by up to 4.81% by saving online says moneyfacts.co.uk.
Savers missing out on substantial interest
Huge gap between e-savings and traditional High Street products boosts lenders’ profits, reports Moneynet.co.uk.
Nationwide launches new Guaranteed Equity Bond
Nationwide has launched a new tranche of its Guaranteed Equity Bond (GEB), which will be offered for an extended period of ten weeks.
New fixed rate Manx Bonds from Derbyshire Offshore
Savers looking for a bright start to spring should take advantage of the new fixed rate Manx Bonds from Derbyshire Offshore, just introduced for April 2007. With one of the lowest opening balances available offshore at just £2,500, a Manx Bond is an excellent way for expats and UK investors alike to grow their savings.