Savings News & Alerts

Written by our founders Anna and Sue

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Regular updates on the savings market

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This weeks best savings deals
20th May 2016
Author: Anna Bowes

Category: Savings News

The last few weeks has seen a marked and welcome increase in the number of new entrants into our best buy tables, with five new accounts making it into the easy access and notice account tables.
Government failing the ‘silent generation’ on savings
20th May 2016
Author: Anna Bowes

Category: Savings News

A report this week by the charity Independent Age showed that pensioners over 75 – the so-called ‘Silent Generation’– are thousands of pounds a year worse off than their younger counterparts. In fact, the charity estimates that 950,000 pensioners over 75 are living in poverty.
Brexit -  How could it affect your savings?
20th May 2016
Author: Anna Bowes

Category: Savings News

Brexit – it is the word that is on everyone’s lips, will we, won’t we? Of course until the referendum results from June 23 are known, no-one will know the answer for sure, but that does not stop us worrying in the meantime about what might happen to the status quo if we do vote to leave the EU.
Cash ISA Savers “Playing Financial Russian Roulette” By Closing Accounts To Chase Higher Rates
06th May 2016
Author: Anna Bowes

Category: Savings News

Cash ISA savers who are closing their accounts to move money into higher interest current accounts could be playing the financial equivalent of Russian roulette with their savings.
This weeks latest savings deals
06th May 2016
Author: Anna Bowes

Category: Savings News

This week has seen some positive savings news in the form of a new entrant to the Easy Access Best Buy Table and the initial steps into the cash ISA market from a provider that has been more well known up to now for its fixed rate bonds.Whilst there are still far more providers leaving the best buy tables than entering them, it is encouraging to see a few providers bucking the trend and giving us hope that there may be better news around the corner.
Halifax slash 4% ISA rate - time to look elsewhere
06th May 2016
Author: Anna Bowes

Category: Savings News

Halifax has slashed the rate for new savers on it's popular Help to Buy ISA, a move, although disappointing, was not wholly unsurprising given its lead in the market for so long.