Savings
AIB Isle of Man latest fixed rate bond interest rates
AIB Isle of Man have launched the latest issues of their popular 12 and 6 month Fixed Rate Bonds and have also introduced a 3 month option.
Triodos Bank Online Saver Plus pays 2%
Triodos Bank, the bank that brings together people who believe in a better world with the organisations making it a reality, has launched the Online Saver Plus easy access account paying a competitive 2%.
Young motivated to save more in 2011
The first HSBC Savings Map of Britain reveals savers are more ambitious with their savings plans in 2011, contrasting with a difficult 2010.
Nationwide re-introduces six month Fixed Rate Bond and e-Bond
Nationwide Building Society has re-introducing a six-month Bond and a six-month e-Bond into its fixed term portfolio. Both products offer both annual and monthly interest options.
Savers resolve to put away £620m in 2011
According to new research from Lloyds TSB, after losing weight and getting fit (25%), the most common New Year's resolution for people in the UK is to start taking control of their finances (11%).
‘Kittynomics’ saves savvy students £193 million a year
As the second university term beckons for UK students, new research from Barclays reveals that almost half (45 per cent) of students are using ‘Kittynomics' to manage their living expenses. £193 million is being saved annually by students who pool funds into a central pot of money - or kitty - to make group purchases with friends.
One in three Britons can’t afford to save
A third of Britons (33%) feel that they cannot afford to put any money aside each month, as they have no spare cash, according to research by Skipton Building Society. With post-Christmas debt currently hanging over the population, people could risk finding themselves in an even poorer financial state as the country enters the New Year.
Banks reward loyal customers with pitiful returns, says Which?
Almost nine in 10 (87%) savings accounts that were available six years ago are now paying interest of 0.5% or less, while almost two-thirds (62%) are paying 0.1% or less - just £1 a year for every £1,000 saved, shows new research by Which? Money.
Saffron to offer fixed rate savings product nationwide
Saffron Building Society, the regional building society serving East Anglia, is extending its national savings range by offering its fixed rate regular savings product online or via phone.
Northern Rock launches new fixed rate savings bonds
Northern Rock has launched a series of new fixed rate bonds with terms of 1, 3 and 5 years, providing customers with choice on how long they wish to invest their savings for.
Royal London 360° launches Hong Kong portfolio bond
Royal London 360° has re-launched Choice, its single premium portfolio bond for the Hong Kong market.
More than £7 billion in cash is kept in UK homes
More than £7 billion in cash is lying around in people's homes, according to research by the Financial Services Compensation Scheme (FSCS).
Brits save money by furnishing homes with second hand bargains
With the Christmas spend hangover and VAT increases on the horizon, millions of homeowners are looking to embrace the age of austerity by furnishing their property with second-hand furniture, electronics, white goods and other household items, according to new findings.
1 in 4 Brits have never switched and saved
New research by comparison site Gocompare.com has revealed that although 61 per cent of consumers are expecting 2011 to be a very difficult year financially, over 12 million of them have never switched any of the 20 most common financial products including car insurance, home insurance, energy provider, credit card or mortgage lender.
Santander launches new fixed rate bonds
Santander kick starts the New Year with the launched of a new range of competitive Fixed Rate Bonds paying up to 3.55 per cent gross/AER, available in branch, by telephone and online.