Savings News & Alerts

Written by our founders Anna and Sue

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Regular updates on the savings market

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Ask Anna - I’ve recently sold a property and want to keep the money in cash. Where’s the best place to save?
22nd June 2018
Author: Dan Darragh

Category: Savings News

While for many, the logical place to put funds from the sale of a property is in a straightforward, easy access account – often with a bank or building society they already have a relationship with – there are other options to consider, which will potentially make a significant difference to your return in that interim period.
Press Review: Savings Roundup (week commencing 16 June 2018)
21st June 2018
Author: Anna Bowes

Category: Savings News

One of the key themes in the financial press this week has been the drop in the maximum limit on the NS&I Guaranteed Income and Growth bonds
Virgin Money bought by CYBG
20th June 2018
Author: Dan Darragh

Category: Savings News

Following a period of negotiation, the expected takeover of Virgin Money by the owners of Clydesdale Bank and Yorkshire Bank (CYBG) has now been agreed, creating the sixth largest bank in the UK.
Inflation holds steady at 2.40% - apparently!
15th June 2018
Author: Anna Bowes

Category: Savings News

Following a steady decline and last month's 13-month low, several commentators were predicting a rise in CPI inflation for May, but it has remained unchanged at 2.40%.
Press Review: Savings Roundup (week commencing 9 June 2018)
15th June 2018
Author: Anna Bowes

Category: Savings News

Apart from the reduction to the maximum allowed into the NS&I Guaranteed Income and Growth Bonds, this week’s savings news has surrounded the questions about what will influence the next base rate decision.
Rates Rundown: The World Cup kicks off this week, as competition in the savings market moves steadily along, rather than bursting into life
15th June 2018
Author: Dan Darragh

Category: Savings News

While many (though not everyone!) will be focusing on the Three Lions over the coming weeks, it is the single lion featuring in Shawbrook Bank’s logo that has perhaps put a smile on savers’ faces this week.