Savings
Most Brits save money through discounts and vouchers
Four out of five people collect coupons and money off vouchers, with around three quarters (72%) making purchase decisions based on where they will receive a discount, according to research from Nationwide Building Society.
Inflation drop remains good news for savers
Today's announcement by the Bank of England that The Consumer Price Index has fallen for the second month in a row to 2.8 per cent from 3 per cent, now means that more savings accounts beat the eroding effect of inflation.
HSBC reveals £124 million savings precipice
New analysis by HSBC reveals that longer term fixed rate investors in the UK are again facing a savings precipice this year when they come to reinvest, as rates for long term products continue to fall.
MoneyVista helps savers beat inflation
Three quarters (76%) of the UK's 3,345 savings accounts pay less than the rate of inflation according to Moneyfacts.
The Co-op boosts fixed term savings rates by up to 0.7%
The Co-operative Bank is increasing savings rates across its range of fixed term deposits and bonds by up to 0.7% this week, and will be offering a leading branch based rate for savers.
Clydesdale Bank International adds bonus to 95 Day Account
Guernsey-based Clydesdale Bank International has added a special bonus to its 95 day Notice Account, increasing the rate to 2.10% for a limited period. The bonus will be paid to both new and existing customer on balances until 31st December 2012.
Nationwide launches SavingsWatch
Nationwide Building Society is launching ‘SavingsWatch'. Savers with variable rate accounts at Nationwide are being offered a new alert service highlighting rate changes and new products.
Governor Money launches one year bond and five year cash ISA
Governor Money, the UK’s first cash savings platform, has announced the introduction of two competitive savings products from Clydesdale Bank including a one year bond at a great rate, exclusive to Governor Money.
First anniversary for the Yorkshire's top savings account
Yorkshire Building Society savers have voted with their feet - and their passbooks - in favour or a traditional branch-based account.
Cheshire and Derbyshire Building Societies reward regular saving
From today, the Cheshire and Derbyshire Building Societies are launching new issues of the Platinum Monthly Saver, a competitive account aimed at savers looking to build up a nest egg by putting money aside on a regular basis.
The top five Premium Bond myths busted
As the Queen commemorated her 60th year on the throne , another British institution reached a milestone: ERNIE, the Premium Bonds winning numbers generator, has just awarded his 250 millionth Premium Bonds prize.
Santander to launch new range of index linked savings bonds
With Santander's new range of options available from 6 June 2012, customers can make their money work even harder:
Post Office launches best in market online savings rate
The Post Office has announced the launch of a new issue of its popular Online Saver account. The account offers 3.17% AER making it the best in the market place. The new issue is available immediately.
Battle of borrowers versus savers over base rate cut
With the International Monetary Fund (IMF) recommending the Bank of England should consider cutting base rate further, MoneySupermarket.com asked site users whether they thought it was a good idea, and found three in five (60 per cent) are against a cut to the base rate.
Sainsbury's Bank launches three new fixed rate savings accounts
Sainsbury's Bank is launching three new fixed rate savings accounts. The one-, two- and three-year accounts will pay 3.15% Gross AER (variable), 3.50% Gross AER (variable) and 3.75% Gross AER (variable) respectively.