Savings News & Alerts

Written by our founders Anna and Sue

Rate Alerts

Regular updates on the savings market

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Challenger banks continue to drive competition in the savings market
02nd May 2015
Author: Anna Bowes

Category: Savings News

Within all the doom and gloom of falling savings rates you can’t help but notice there’s a new breed of providers bringing what little competition there is and driving the market. The Challenger Banks.
Savingschampion.co.uk in the latest Halifax TV advert
02nd May 2015
Author: Anna Bowes

Category: Savings News

You may have seen the recent TV advert for Halifax on its Best Children’s Savings Account Provider win in the 2015 Savings Champion Awards. Being featured in such a high profile national advertising campaign just highlights how proud Halifax is to receive this accolade from a truly independent savings specialist. If you haven’t seen the advert yet, click here to take a look.
Record low inflation, a temporary respite for savers
02nd May 2015
Author: Anna Bowes

Category: Savings News

Inflation remained at 0% for another month in March 2015. The lowest level since records (estimates of CPI) began in the late 1980s. For savers however, this could be seen a good thing as your money now goes further and interest earned is now beating inflation on all accounts.
Last chance to use this tax year's ISA allowance (details on the last minute ISAs, how to apply and best rates for the new tax year)
02nd April 2015
Author: Anna Bowes

Category: Savings News

Sunday marks the end of the tax year, the last chance to take advantage of your 2014/2015 tax year cash ISA allowance. As cliché as it sounds, you need to use it or you’ll lose it. Everyone aged 16 or over has an ISA allowance of £15,000 (current tax year), increasing to £15,240 from 6th April 2015 but they must take advantage by the end of the tax year in order not to miss out. See our guide for the best rates on last minute ISAs and for the new tax year.
Savings Rate Rundown 20 March 2015
20th March 2015
Author: Anna Bowes

Category: Savings News

The latest rate moves in the savings world including new best buy fixed rates from Shawbrook and Charter Savings Bank.
The Budget – a Savings Revolution
20th March 2015
Author: Anna Bowes

Category: Savings News

The chancellor hailed a savings revolution in the Budget with key changes to support savers. Following last year’s Budget to reward savers, this year it was all about the radical changes to encourage us to save. Vote winning exercise it may be, but it’s certainly bringing some much needed positive news to the savings landscape.