Savings News & Alerts

Written by our founders Anna and Sue

Rate Alerts

Regular updates on the savings market

Savings News RSS Feed

Rates Rundown: a quiet week in the best buys – football or holidays?
23rd June 2018
Author: Dan Darragh

Category: Savings News

It was an unusually quiet week in the savings market, with very few changes affecting our best buy tables. Have we entered a holiday season slowdown or is World Cup fever taking over?
Bank of England base rate unchanged at 0.50%
22nd June 2018
Author: Anna Bowes

Category: Savings News

As expected, The Monetary Policy Committee (MPC) has today (21/06/2018) voted by a majority of 6-3 to maintain the base rate at 0.50%. But what can you do to help yourself while we wait for Bank of England assistance?
Ask Anna - I’ve recently sold a property and want to keep the money in cash. Where’s the best place to save?
22nd June 2018
Author: Dan Darragh

Category: Savings News

While for many, the logical place to put funds from the sale of a property is in a straightforward, easy access account – often with a bank or building society they already have a relationship with – there are other options to consider, which will potentially make a significant difference to your return in that interim period.
Press Review: Savings Roundup (week commencing 16 June 2018)
21st June 2018
Author: Anna Bowes

Category: Savings News

One of the key themes in the financial press this week has been the drop in the maximum limit on the NS&I Guaranteed Income and Growth bonds
Virgin Money bought by CYBG
20th June 2018
Author: Dan Darragh

Category: Savings News

Following a period of negotiation, the expected takeover of Virgin Money by the owners of Clydesdale Bank and Yorkshire Bank (CYBG) has now been agreed, creating the sixth largest bank in the UK.
Inflation holds steady at 2.40% - apparently!
15th June 2018
Author: Anna Bowes

Category: Savings News

Following a steady decline and last month's 13-month low, several commentators were predicting a rise in CPI inflation for May, but it has remained unchanged at 2.40%.