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 - What is the Personal Savings Allowance?
25th July 2018
Author: Anna Bowes

Category: Savings News

The Personal Savings Allowance (PSA) was a radical alteration of how savings interest is taxed and has had a direct effect on the amount of interest that can be earned tax free.
Press Review: Savings Roundup (week commencing 21 July 2018)
25th July 2018
Author: Anna Bowes

Category: Savings News

As we await the launch of Marcus, a retail banking arm of Goldman Sachs which is already successful in the US offering personal loans and savings, The Times looks at Goldman Sachs’ approach to recruitment for the new bank.
Rates Rundown: the sun is still shining as top rates emerge from the pack…
25th July 2018
Author: Dan Darragh

Category: Savings News

Things have picked up in the savings market again this week, with the top easy access rate we’ve seen so far in 2018 and the best one year bond in over two and a half years.
FCA opens discussions on its plan to force providers to offer a basic savings rate for all.
25th July 2018
Author: Dan Darragh

Category: Savings News

This week the city regulator, The Financial Conduct Authority, announced plans to open a discussion on whether it should intervene with providers and force them to offer a basic savings rate (BSR).
Press Review: Savings Roundup (week commencing 14 July 2018)
19th July 2018
Author: Anna Bowes

Category: Savings News

Once again, the weekend press was dominated by stories about pensions advice - very little about savings accounts. But it is all important and we’ve summarised it for you.
NS&I slashes Direct ISA rate
19th July 2018
Author: Anna Bowes

Category: Savings News

National Savings & Investments this week announced that it plans to cut the rate on its Direct ISA from 1% to 0.75% from 24th September. The pop