Savings Champion

Anna Bowes is a regular contributor to the BBC’s Money Box, Breakfast and News programs, as well as the national press, providing expert analysis and commentary on the UK savings market. Anna has worked in the financial services industry for more than 20 years and for most of that time has been helping people to make the most of their savings.

Is there a deal or isn’t there? Well, it’s certainly been a tumultuous week to say the least. So, with so much uncertainly we are pleased to bring you the first in a regular series of 'Economic Outlooks', written by one of our chosen partners, moneycorp.

Although this article looks mainly at how the economic factors affect the pound, which unsurprisingly has been erratic this week to say the least, hopefully you'll find it interesting. Let us know, as we love to hear what you have to say.

🔖 Read: Brexit continues to dominate the pound

The inflation figures for October were announced this week – and while CPI was expected to increase slightly, there were factors that actually kept it the same. If you like cheese, it’s good news!

🔖 Read: Inflation confounds expectations by remaining static in October

On the savings front, NEST, who launched the successful auto enrollment pension scheme in 2012, this week announced a new savings initiative trial to run alongside the pension scheme. It’s a way to help encourage employees to build up some rainy-day funds, as well as a retirement pot.

🔖 Read: NEST is to trial a new savings account to run alongside its successful pension scheme

And for those who want to get their children into the savings habit, we’ve written a piece to remind you to be aware of the possible income tax trap that you could fall into if you’re not careful.

🔖 Read: Don't let your generosity cost you dear

And finally, take a look at this week’s Rates Rundown which includes a new section on what the Savings Platforms have done this week.

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Articles featured in this edition