Savings News & Alerts

Written by our founders Anna and Sue

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Regular updates on the savings market

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Ask Anna: Can I transfer £10,000 from my ISA?
01st June 2018
Author: Anna Bowes

Category: Savings News

I have £95,000 in my Coventry ISA. As I've exceeded the £85,000 limit should I take out £10,000 and put it in an ISA elsewhere together with this year's ISA allowance?
Press Review: Savings Roundup (week commencing 26 May 2018)
31st May 2018
Author: Anna Bowes

Category: Savings News

A couple of articles in the press this week reported on a paper from the Office of Tax Simplification (OTF) published on 25th May this year, that looks at how complex the UK savings tax system has become. For example, there are more types of ISA than ever before, all with different rules – and the introduction of the Personal Savings Allowance has made the decision about whether savers should even bother with a cash ISA an even more difficult decision.
Inflation drops to a 13-month low
25th May 2018
Author: Anna Bowes

Category: Savings News

CPI inflation for April 2018 has dropped again and has now hit a 13 month low of 2.40%
As savings rates increase, you could be using up your Personal Savings Allowance more quickly than you anticipated
25th May 2018
Author: Dan Darragh

Category: Savings News

Over the last 12 months, interest rates on best buy accounts have increased across the board – which is good news for savers.
Rates Rundown: Charter Savings Bank’s best buy bank holiday bonanza!
25th May 2018
Author: Dan Darragh

Category: Savings News

There’s only one candidate for headline-maker of the week, with Charter Savings Bank launching no less than SEVEN best buy accounts on Thursday - including a number of market-leaders.
Press Review: Savings Roundup (19/20 May 2018)
22nd May 2018
Author: Anna Bowes

Category: Savings News

It was another quiet weekend for savings stories – although, unsurprisingly, there were a couple of articles that looked at saving up for your wedding! I wonder why.