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Savings

Britain still a nation of savers

Britain is still a nation of savers, new research from Leeds Building Society has discovered.

Paragon Bank expands savings range with two and five year fixed rate accounts

Paragon Bank has launched two new savings accounts – a Two Year Fixed Rate Account at 2.40% AER and a Five Year Fixed Rate Account at 3.10% AER.

Leeds launches competitive new 18 month savings bond

A new 18 month fixed rate bond with a highly competitive rate has been launched by Leeds Building Society.

Saver confidence increases as over two thirds of consumers are able to save

The Lloyds Bank Savings Report shows that more people are feeling confident about their savings, with over two thirds (70%) of people surveyed having saved over the past 12 months.

Saga launch new tiered 3 year fixed rate savings account paying up to 2.50%

Saga Savings has announced the issue of the new Saga 3 Year Fixed Rate Postal Savings Account, rewarding savers who deposit a minimum balance of £1 up to £10m.

A quarter of Brits are 'aspirational' savers

M&S Bank research reveals that while nearly two thirds (64 per cent) of regular savers believe it’s important to contribute towards a ‘rainy day’ fund, a quarter (25 per cent) see themselves as ‘aspirational’ savers, instead choosing to put their money towards a tangible savings goal.

Unique new five year bond part of savings range refresh by Leeds Building Society

Leeds Building Society is launching a competitive new five year fixed rate bond – with unique access - as part of a refresh of its savings range.

Skipton increases rate on Limited Edition eSaver account

Skipton Building Society has increased the interest rate on its Limited Edition eSaver account.

Savers wanting monthly income seek out Leeds Building Society bond

Savers who want to receive monthly interest on their nest egg are seeking out the latest income bond from Leeds Building Society.

Hampshire Trust Bank launches market-leading three-year fixed rate bond

Hampshire Trust Bank, the specialist challenger bank, has launched a market-leading three-year fixed rate bond.

New flexibility will boost saving - and risk-taking

New tax-free allowances and increased flexibility will encourage savers and investors to put more money away – but could lead to a rise in the levels of risk they take on investments and the impact on their money, new research from Yorkshire Building Society shows.

Dismal interest rates putting consumers off saving

As many as 14.6 million consumers are not actively saving money and low interest rates are partly to blame for this, according to the latest research from MoneySuperMarket.

Halifax improves its savings range

Halifax has made a number of changes to its savings products, including increasing the rates that customers will receive by up to 0.35%, on a number of accounts within its fixed saver, tracker bond and fixed rate ISA ranges.

Children’s pocket money falls for the second year in a row

Despite some welcome relief on family budgets thanks to a recovering economy and negative inflation, children are not benefitting from any extra pounds or pence in their money boxes when it comes to the amount of weekly pocket money they receive.

Half of households would struggle to meet everyday costs on one income

Half of households would struggle to make ends meet is if they lost their main income according to new research by AA Life Insurance.