Savings News & Alerts

Written by our founders Anna and Sue

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Regular updates on the savings market

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FCA helps make savings information more clear - but is it enough to encourage switching?
13th December 2016
Author: Anna Bowes

Category: Savings News

From the 1 December new measures were introduced by the Financial Conduct Authority (FCA), designed to improve the cash savings market and help consumers get the information they need to make informed decisions about their savings...
Protection changes and stress tests – how safe are your savings?
13th December 2016
Author: Anna Bowes

Category: Savings News

You could be in line for an additional £10,000 protection from the Financial Services Compensation Scheme!The Prudential Regulation Authority (PRA) is currently consulting on a proposal to increase the Financial Services Compensation Scheme (FSCS) by an extra £10,000, putting it back to £85,000, just a year after it was cut by £10,000...
Provider Focus - Masthaven Bank
13th December 2016
Author: Dan Darragh

Category: Savings News

The provider chosen this time is Masthaven Bank, a new bank that launched at the end of November. As a new entrant to our best buy tables, we felt that this was the ideal time to give you more information on the provider and a good opportunity to get your feedback...
Some support for savers - but is it enough?
23rd November 2016
Author: Anna Bowes

Category: Savings News

Today’s Autumn Statement delivered on its promise to support the nation's savers, that have suffered one of the worst periods in living memory for record low interest rates. But is it enough?
Autumn Statement 2016 - Overview
23rd November 2016
Author: Anna Bowes

Category: Savings News

Dealing with uncertainty in the economy featured heavily throughout the Chancellor’s speech, ensuring there is stable fiscal policy enabling businesses to plan ahead was central to today’s announcements.
Inflation falls but is an interest rate rise around the corner?
21st November 2016
Author: Anna Bowes

Category: Savings News

Despite many experts predicting a rise in inflation to a two-year high, the latest figures from the Office for National Statistics (ONS), released last week, showed a decrease in the Consumer Prices Index (CPI) to 0.90%. Whilst this came as a surprise to many, inflation is still expected to rise sharply over the coming year, above the Bank of England’s 2% target.