High street banks lose £100bn in deposits as UK savers shift to online rivals
High street banks across the UK have lost the equivalent of £100bn in savings as more customers turned from traditional…
Category: Money Savings
Money Savings
Isas: six steps to take before the April allowance deadline
Check what you’ve used The maximum you can put away each tax year in any adult Isa is £20,000. That limit…
Zopa launches current account with cashback and 7.1% on savings
The battle for bank customers intensified this week, with a new player entering the UK current account market and offering…
Fake savings ads: ‘One of the most sophisticated scams we have seen’
With interest rates falling, you are hunting for the best home for your cash, so when an advert for a…
No cash Isa shake-up in spring statement, but Reeves still considering cuts
A mooted shake-up of cash Isas will not be announced in the spring statement this month, but the government is…
Rachel Reeves’ ‘save less to invest’ policy could be brilliant for ordinary Britons – or a disaster | Hilary Osborne
Without wanting to sound like a jeremiad from the Daily Mail, I should warn you that Rachel Reeves is after…
Hitchhiking frog article hopped over a crucial detail | Brief letters
While I am, of course, concerned about the risks posed to the UK’s delicate biosystem by the inadvertent importing of…
Isa shakeup: How can Rachel Reeves nudge savers into buying stocks and shares?
Rachel Reeves wants Britons to put more of their spare cash into shares to help them get better returns, support…
UK interest rate cut: what does it mean for mortgages and savings?
The Bank of England has cut interest rates from 4.25% to 4%. It is the fifth reduction in a year…
UK savers urged to ‘act now’ before interest rates start falling
Britain’s savers are being urged to “act now” to take advantage of the best rates before they start falling. With…