Savings News & Alerts

Written by our founders Anna and Sue

Rate Alerts

Regular updates on the savings market

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NS&I announces rate cuts on popular best buy accounts
16th February 2017
Author: Anna Bowes

Category: Savings News

Last week, National Savings & Investments (NS&I) announced that it will reduce the interest rates on its three savings accounts with effect from May 2017, two of which currently appear in our best buy tables...
Inflation reaches highest level since June 2014
16th February 2017
Author: Anna Bowes

Category: Savings News

The latest inflation figures out this week will be another blow for savers, creeping upwards and effectively eroding your interest earned in real terms. Although not unexpected the real treat of rising inflation means savers will need to work even harder to mitigate the effects.
Tesco current account withdrawn from sale
16th February 2017
Author: Anna Bowes

Category: Savings News

Tesco has suggested that it hopes to re-issue the account shortly, but we’ll have to wait and see whether the terms will be the same.
Co-op is up for sale, so what does this mean for savers?
16th February 2017
Author: Anna Bowes

Category: Savings News

News out this week that Co-operative Bank has put itself up for sale, following speculation about its future, may have some of you concerned.
Rates Rundown 15 February 2017
15th February 2017
Author: Anna Bowes

Category: Savings News

It could be argued that the biggest news for many savers in the last week has been the announcement from NS&I about rate cuts taking effect from May, which you may have already seen in this newsletter. However, it’s not all bad news in the savings market...
Rates Rundown 31 January 2017
31st January 2017
Author: Anna Bowes

Category: Savings News

Perhaps the biggest news of the last few weeks has been RCI Bank’s Freedom Savings Account blowing the competition out of the water in the easy access market, following several weeks of jostling for position in our best buy table...