Savings
Skipton launches limited edition savings bond
Skipton Building Society is expanding its range of products to include a new limited edition 18 month bond and improvements to the incentives offered with its Leap Account.
Saving for pensions suffers as short term fears kick in
The MoneyMood Survey from Legal & General reveals a worrying shift away from longer-term saving, such as saving for a pension, as short-term needs outweigh the need for retirement planning.
Skipton launches Telephone Savings account
Skipton Building Society is expanding its range of products to make it even easier for people to manage their money, by launching a Telephone Saver account.
5 star rated online savings account from NatWest
NatWest is to introduce a highly competitive bonus to its E-savings account, offering an online market-leading rate to new customers, of 2.85% for 12 months.
Savers expect interest rates to rise
Figures from Santander Savings' latest quarterly savings barometer - Savings Snap Shot - reveal that seven in 10 (68 per cent) of Britons are expecting the Bank of England base rate to increase over the next twelve months. In fact, 11 per cent people predict an increase from the current rate of 0.5 per cent up to 2 per cent or higher.
Brits without internet missing out on the best rates
The four million Britons who don't have internet access are missing out on the best rates for financial products, according to an investigation by Which?
Northern Rock launches new fixed rate e-bond
Northern Rock has launched a new e-bond account, providing a competitive interest rate for those savers who wish to operate their account online.
Sterling, Dollar, Euro rates all raised again by Abbey
Hot on the heels of the Bank of England’s decision to hold UK Base for a record eighteenth month, Abbey International, the Jersey-based subsidiary which is part of the global division of Santander Private Banking, has announced that sterling interest rates on its popular 12 month fixed rate contracts are to be increased to 3.00% gross/AER with immediate effect.
Good environment for corporate bonds
UK fixed income fund managers are finding a slow growth/low inflation environment positive for corporate bonds, according to Standard & Poor's Fund Services in its latest review of the sector.
Stroud & Swindon fixed rate savings bond at 3.70%
Stroud & Swindon have launched a new best buy fixed rate bond at 3.70% AER/Gross p.a. fixed to 31st December 2012.
Leeds extends London instant access account
Leeds Building Society, which launched the exclusive and market leading London Instant Access Account paying 2.55%, has extended its availability.
Leeds launches new short term Fixed Rate Postal Bond
Leeds Building Society has launched a new market leading short term Fixed Rate Postal Bond paying a guaranteed return of 2.50% gross p.a./2.52% AER. Furthermore, the bond also allows unlimited access to all of the funds at any time, without notice or penalty.
Savers in a fix as rates start to drop
Fixed rate bonds are a popular way for consumers to generate a better return on their savings compared to the equivalent easy access savings account. However, moneysupermarket.com reveals that rates have recently dropped across the leading accounts, dealing another blow to the UK's already beleaguered savers.
Pocket money falls to seven year low
The amount of pocket money children receive has fallen over the past year, hitting a record seven year low, according to research from the Halifax.
Brits save for dreams
A new "Alternative Census" study of 10,000 UK residents reveals that despite the difficult economic climate, UK residents are adopting a more austere approach to their finances with 84 per cent of people now actively saving for the future.