Savings News & Alerts

Written by our founders Anna and Sue

Rate Alerts

Regular updates on the savings market

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Are We Turning a Corner?
27th June 2014
Author: Dan Darragh

Category: Savings News

Savings rates have been on a downward spiral for years, not least since the Bank of England base rate hit 0.50% over 5 years ago, but also following the introduction of the Funding for Lending scheme in 2012. The continual drop in best buy rates painted a bleak picture and it seemed never-ending.But are things improving?
Savers Bamboozled by Differing NISA Top-up Deadlines
27th June 2014
Author: Anna Bowes

Category: Savings News

The Budget brought with it some positive news for savers, not least the increase to the total ISA allowance from £11,880 to £15,000 from 1st July 2014, but better still allowing savers to invest the total amount into cash....
Don't miss out on 5% Interest
27th June 2014
Author: Anna Bowes

Category: Savings News

THE RISE OF THE PSEUDO SAVINGS ACCOUNTSavings rates have never been lower, which has left many savers desperately searching for decent returns on their cash....
Savings rate summary from the savings team
27th June 2014
Author: Anna Bowes

Category: Savings News

There has been a smattering of improved variable rate deals since our last newsletter, which is a welcome but all too rare sight in the savings market at the moment.....
April's summary from the savings team
30th April 2014
Author: Dan Darragh

Category: Savings News

An interesting development this month has been the increased fixed rate offerings among a small group of providers.
Switching on the rise: 5% interest rates are just too tempting
30th April 2014
Author: Dan Darragh

Category: Savings News

More than 600,000 people have switched their current account in the last 6 months, an increase of 14% on the same period last year. This figure initially seems pretty impressive however with 46 million current account customers in the UK it’s still low in relative terms.