Savings
Egg launches new attractive savings propositions
Egg, the internet bank, has announced the launch of two new savings accounts to help customers make their money stretch further.
Leeds launches online easy access account paying 3.05%
Leeds Building Society has launched a new easy access online account paying a market leading variable rate of 3.05%. Furthermore, the online account also allows unlimited withdrawals at any time, without notice or penalty.
Yorkshire launches savings eBonds
Yorkshire Building Society has launched a range of new eBonds offering online savers the choice of placing their money into either a two, three or four year fixed rate product.
AXA Winterthur enhances Tailored Selection range
The AXA Sterling Corporate Bond Fund is now available through AXA Winterthur Wealth Management's Tailored Selection, enhancing the choice of fixed interest funds accessible to investors.
Talk that inflation is dead is greatly exaggerated
According to the Office for National Statistics, the Consumer Prices Index (CPI) rose by 2.2% in April down from 2.3% in May; the Retail Prices Index (RPI) fell 1.1% in May less than the 1.2% drop in April.
Cater Allen launches new structured products
Cater Allen Private Bank has launched its latest structured products that are linked to the performance of the FTSE 100 index and will pay up to 30 per cent return on maturity on any rise in the index regardless of how small that rise may be.
Savers offered exclusive savings plan from Nationwide
Nationwide Building Society is launching an exclusive Guaranteed Combination Plan. By taking out a Guaranteed Savings Bond (GSB) and a Guaranteed Equity Bond (GEB) together, this could help savers make the most of their money in the current low interest rate environment.
A&L Premier Regular Saver with 7.00% offer closes this weekend
Research from Alliance & Leicester Current Accounts shows that one third (32 per cent) of UK workers are failing to save any of their wages each month.
Barnsley Building Society new Online Saver account
Savers looking for a great return on their cash without locking it away in a fixed-term account can earn 2.50% gross/AER with the new Online Saver account launched this week by Barnsley Building Society.
Online savers given a boost
Three providers have today announced their intention to increase rates on their online based saving accounts.
Principality launches second issue of e-SAVER account
Principality Building Society continues its reputation as the UK savings provider with the most consistent interest rates with the launch of its new online e-Saver Issue 2 account, which offers a market-leading rate of 2.85% AER (variable).
High fixed rate or low instant access rate?
As the Bank of England reports that the average interest rates on instant access savings accounts (including current accounts), notice savings accounts and cash ISAs remained static in May, Fairinvestment.co.uk's chartered financial planner Sharon Bratley comments on where next for savers.
Fixed rate bond savers set for a big fall
Just 12 months ago savers had their pick of one year fixed rate bond products offering around seven per cent AER. But for those that invested in one of these deals a new reality awaits, with many rates dropping off significantly when the account reaches maturity.
Interest rates may remain low but your savings rates don't have to
Following the announcement that the Bank of England base rate will remain at just 0.50 per cent, Santander's UK savings businesses this week encourage savers to make sure they're getting the best out of their savings accounts.
Sainsbury's Internet Saver gives savers new special offer rate
Sainsbury's Finance has announced a new Internet Saver special offer that will pay a rate of 2.6% Gross AER (variable) to customers opening an account with deposits up to £500,000.