Savings
Nationwide increases Champion Saver rate
Nationwide Building Society has announced that the interest rate of its Champion Saver account will increase to 2.69% gross p.a/AER for balances over £1,000 from 1 January 2010.
Make a resolution, save for next Christmas
The OFT and Citizens Advice are urging people who have struggled financially this Christmas to start thinking now about saving for next year.
In a fix – bond holders will see interest halve
Savers with one-year fixed-rate bonds are heading for an unhappy Christmas with the interest paid on their cash slashed by up to 40%, new analysis from MoneyExpert.com shows.
Rates plummet on children's savings accounts
Children looking to invest Christmas cash in their first ever savings account are in for a nasty shock with the returns offered on children’s accounts plummeting since last year, according to MoneyExpert.com.
10 ways to save in 2010
Turning over a new financial leaf with the start of the new decade could save consumers at least £1,000 by the time the year is out, says Which?
Over half of Brits believe recession will last for most of 2010
Public opinion of the country's economic outlook is as bleak as our current weather, according to new research by Gocompare.com.
SWIP 2010 market predictions
In the second half of 2009, equities and corporate bonds made some prolific gains as investors bet on a return to economic growth. Everyone hopes 2010 will bring confirmation of this recovery.
Health and finances top the Nation’s New Year’s resolutions
More than 27 million people plan to make New Year's resolutions and losing weight, taking more exercise and sorting out the finances top the Nation's to-do list, according to new research by Gocompare.com.
Consumer savings levels drop
As green shoots of an economic recovery emerge research from Unbiased.co.uk, the professional advice website, reveals that consumer savings levels have fallen once again in Q3 2009.
Mortgage lending in November holds up
While mortgage lending continued to hold-up in November unsecured loans to consumers dropped further while personal deposits increased by less than in recent months, according to the British Bankers Association (BBA).
2010 The Year of Tax
With the New Year almost upon us and people starting to think about their New Year's resolutions, Fidelity International is urging the nation to make a pledge to get to get tax savvy.
Parents borrow from kids’ savings
More than one in five parents have been borrowing from their children's savings account, with 44% of them borrowing between £200 and £500, the majority taking money over five months or less it was revealed today.
Barclays Wealth launches new lock-in investment
Barclays Wealth has launched a new investment offering a potential return of 60% after six years with the opportunity to lock-in gains for given rises in the FTSE 100.
Skipton International launches new Escalator Bond
Longer term savers are being rewarded with a top level of interest, for up to five years with Skipton International’s new International Escalator Bond which offers a rising rate of interest over each year of the Bond’s life.
Cheshire Building Society upgrades Postal Account
Cheshire Building Society has increased the rate on its recently launched 30 Day Postal Saver Account.