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Savings

Resolve to gain pounds in 2015

Britain’s hard pressed households could give themselves a New Year financial boost in 2015 by resolving to gain pounds. By taking a short amount of time to review finances and switching to more competitive deals, analysis from MoneySuperMarket has shown UK households could save thousands of pounds.

Halifax Savers Superdraw to give away £1,500,000 for third anniversary

To celebrate the third anniversary of the first Savers Prize Draw in December, Halifax is launching its latest Savers Prize Superdraw, tripling the monthly prize pot to give away £1,500,000.

Champion result for Leeds Building Society regular savings accounts

Leeds Building Society has been named as Best Regular Savings Account Provider 2015 by Savings Champion.

Happier families more positive for their financial future

The latest Lloyds Bank Family Finances report reveals feelings towards the economy are growing evermore positive across all household types.

A North-South divide persists with savings balances

When it comes to savings, customers in southern England are out saving those in northern regions by 10%, according to latest research from Halifax.

Over £41 million of premium bonds prizes remain unclaimed across the UK

Across the UK over 928,000 Premium Bonds prizes worth over £41 million remain unclaimed.

Paragon Bank unveils new market-leading savings accounts

From today, savers with Paragon Bank can choose a fixed rate savings account for a one, two or three year term and earn 1.75%, 2.10% and a top of market 2.50% AER respectively on balances from £1,000 to £100,000.

Saga launches variable rate savings account paying 1.55%

Saga Savings has announced the issue of the new Saga Internet Saver Account (Issue 16), rewarding savers who deposit a minimum balance of £1,000 up to £1m with an attractive 1.55% gross/AER variable rate interest paid annually.

Women twice as likely as men to have a secret 'cash stash'

Almost half of British adults (48%) have ‘fibbed’ when it comes to their finances, a new survey by long term savings and investment specialist Standard Life has revealed.

Over a third have less than a month’s income in savings

The latest Lloyds Bank Savings Index shows a stable picture for the nation’s savers, yet despite the continued economic improvement, savings levels remain low.

Coventry Building Society launches Centenary Poppy Bond

In the year marking 100 years since the start of the First World War, Coventry Building Society is delighted to announce the launch of the Centenary Poppy Bond.

Oil price sell-off: The winners and losers as crude tanks

The oil price fell below $80 a barrel last week amid fears that increasing supply, driven by US shale production, would outstrip demand in a low growth environment.

£500 a month in spare cash for the average UK person

Despite people still feeling the pinch, many of those in full time employment are accumulating spare cash each month, according to research from Lloyds Bank.

2014 savings rise comes to an end

The steady rise in savings levels seen over the last year, from 7.42% of income saved in summer 2013 to 8.21% in spring 2014, came to an end in the summer, according to NS&I’s latest Quarterly Savings Survey.

Skipton increases rates on one and three year ISAs and one year bonds

Skipton Building Society launches a new range of Fixed Rate ISAs and Bonds which includes interest rate rises on all one-year terms.