Savings
Save for a brainy day
The ability to save money is determined by the side of the brain you think with, it was revealed this week. New research commissioned by first direct found those who gave right-side of the brain responses (typically creative and impulsive types), have a carefree 'live for today' attitude, credit card debts and little or no savings.
Abbey International Jersey Bond tops Moneyfacts Best Buy list
Less than a month after its launch, Abbey International’s 5 Year Fixed Rate Saver, which pays investors a fixed rate of 4% gross/AER every year for the full length of the account’s life, has secured a “Best Buy” listing.
S&P launches International Corporate Bond Index
Standard & Poor's has announced the launch of the S&P International Corporate Bond Index, an investable index of public investment grade corporate bonds issued by non-U.S. issuers.
'Sugar babies’ earning £426 million a year
The new series of BBC's looking for a ‘Junior Apprentice' hit our screens last week, and provides further inspiration to an already inspired age-group, according to research conducted by Santander Current Accounts.
Legal & General 6 year growth deposit bond
Legal & General has launched a 6 year Structured Deposit Bond designed to give investors a minimum return of 12% plus their original capital at the end of the fixed term.
Jump in inflation continues to punish savers
Inflation figures released today show that the Consumer Price Index (CPI) has increased again to 3.70%.
New savings accounts paying 5% launched this week
The new CPI figure of 3.7% for April, released this morning means that savers are still having a tough time and need to find an account paying 4.625% (basic tax payer) to maintain the spending power of their cash.
Savers suffer as inflation continues to rise
With inflation showing no signs of easing after today's announcement that the Consumer Price Index (CPI) rose again in April to 3.7 per cent, anyone looking to put their money away should be aware of the impact this is having on their savings.
Charities: not worth saving? Average rate just 0.45%
Charities are getting some of the lowest savings rates on the market, with the average rate sitting at just 0.45% while the average fixed rate charity savings account has fallen from a measly 1.68% to an even measlier 1.62%.
Saga launches new internet savings account
Saga Personal Finance has announced it is expanding its range of savings products by launching the Saga Internet Saver, an easy access savings account with an attractive AER of 2.75%.
Barclays Wealth reissues Regular Income Bond
Barclays Wealth has reissued its popular Regular Income Bond with a new return structure for investors looking for a regular return.
Restaurant vouchers serve up record consumer savings
Restaurant diners are saving £3 million every day as increasing numbers of Brits get a taste for discount dining, according to Moneysupermarket Vouchers.
Nationwide launches Football savings bond
Nationwide Building Society - sponsors of the England football team – has announced details of its new Football savings bond.
Coventry launches fifth issue 1st Class Postal savings account
Coventry Building Society has launched the fifth issue of its popular 1st Class Postal account, again offering a market-leading rate for savers together with the flexibility of easy postal access.
Passbook savings accounts paying less
Customers who insist on a passbook with their savings account are suffering the most, according to analysis by MoneyExpert.com.