Savings
No excuse to languish on a low ISA rate
The ISA season is now in full swing and there is growing competition amongst providers to secure that top Cash ISA rate.
Saving is top financial priority for students
Students have identified saving as the financial priority they are most concerned about, according to a poll of further education (FE) students across England by the National Skills Academy for Financial Services (NSAFS).
New online comparison of charity savings accounts
With the bank rate at just 0.5%, finding high interest savings accounts can be tricky. But while the internet is packed full of comparison tables to help consumers find the best account, the same cannot be said for charities trying to make the most of their donations.
Brits get serious about saving at 25
The average age for Britons to start saving seriously is 25 years-old, according to new data from NS&I (National Savings and Investments).
New Year resolution that sticks - saving money
New Year resolutions made on the wave of year-end optimism rarely last more than a day or two, never mind weeks. But according to AA Savings, one top resolution: ‘Must save money!' does seem to have stuck.
Savers not geared up for change in ISA limits this April
Thousands of consumers could potentially lose out on their tax free allowance from the start of the new tax year.
The cost of raising a child tops £200,000
For the first time, parents are likely to have to shell out more than £201,000 on raising a child from birth to the age of 21, according to a survey from LV=. This equates to £9,610 a year, £800 a month or £26 a day.
Charity savings account comparison service
With the bank rate at just 0.5%, finding high interest savings accounts can be tricky. But while the internet is packed full of comparison tables to help consumers find the best account, the same cannot be said for charities trying to make the most of their donations.
Regular saver accounts can bring big interest rewards
Andrew Hagger of Moneynet.co.uk focuses on the regular savings market and the potential benefits for savers.
Savers pay £13bn extra tax
The failure of UK savers to use their full ISA allowance could have cost them an estimated £13 billion, according to research by Clydesdale & Yorkshire Banks.
Savers claim £385m is stored in the nation's penny pots
Research from personal finance product comparison website, money.co.uk, has revealed that 63% of UK households store excess loose change in a pot or jar. On average, the nation's shrapnel savers claim to have £24.54 squirreled away - to be converted to ‘real money' and spent at a later date.
More misery for savers as inflation bites
Today's announcement by the Bank of England that inflation figure has hit 3.7 per cent spells further misery for savers with only a handful of savings products now paying high enough interest to offset the effects of inflation.
Inflation makes it really tough for savers
The latest annual inflation figures of 3.7% for the Retail Prices Index (RPI) and 3.5% for the Consumer Prices Index (CPI) mean that both basic and higher rate taxpayers face a near impossible struggle to get a real rate of return on taxable savings accounts.
Savers can only watch as CPI enters a deeper vortex
The consumer price index again rose even sharper to 3.50%, nearly double the Government's target of 2%.
N&P Building Society launches new issue of E-Saver
N&P (Norwich & Peterborough Building Society) is has announced the launch of the third issue of its popular E-Saver account - giving easy access with a current rate of 2.55% gross.