Savings News & Alerts

Written by our founders Anna and Sue

Rate Alerts

Regular updates on the savings market

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Bank of England cuts interest rates to 0.25%
04th August 2016
Author: Anna Bowes

Category: Savings News

n a disappointing move, the Bank of England (BoE) has today decided to cut rates for the first time since 2009, as there is now a clear need for the bank to act to stimulate the economy.
Negative Interest Rates?
04th August 2016
Author: Anna Bowes

Category: Savings News

It has been suggested that RBS/NatWest could charge its business customers negative interest rates – which would effectively mean you paying the bank to hold your money – which has caused consternation and highlighted just what a bad deal many businesses are currently getting from their banks.
A respite for savers? But for how long
16th July 2016
Author: Anna Bowes

Category: Savings News

The decision to keep the Bank of England base rate on hold, for another month at least, will give savers some respite. But for how long?
This weeks latest savings rate rundown
16th July 2016
Author: Anna Bowes

Category: Savings News

In the last few weeks, as providers came to terms with the fallout from the Brexit vote and the speculation about a cut in the Bank of England base rate, the first change in over seven years, many providers appear to have gone quiet, as they wait to see what happens next.
Provider Focus – Habib Bank AG Zurich
16th July 2016
Author: Dan Darragh

Category: Savings News

The provider chosen this time is Habib Bank AG Zurich, a bank that has been operating in the UK for some time, but until recently has not played an active part in the UK savings market.
Cash Beats Shares
25th June 2016
Author: Anna Bowes

Category: Savings News

For those of you who missed it, financial journalist and broadcaster Paul Lewis (presenter of Radio 4's Money Box) recently put out some interesting research comparing the returns from cash to