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| The Financial Services Authority (FSA) has increased the amount of money you may claim back on any lost savings if a bank goes bust to £50,000. |
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| Rates of interest paid out on savings accounts has increased drammatically in the last year, thats even with the Bank Base Rate falling. Last September the best easy access account was Northern Rocks online tracker which paid 6.31%, when the Base Rate was 5.75%. Currently one of the best easy access savings account is from Alliance & Leicester and pays 6.56% - 1.56% higher than the Base Rate |
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| All the accounts below are either instant access (you can withdraw cash immediately) or no notice accounts (an online / non branch based account). In reality it can take a few days to actually receive the cash. The best easy access accounts on 22/09/08 are: |
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| The Bank of England's monetary policy committee (MPC) has decided to hold the base rate of interest at an even five per cent. |
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| Despite recent price wars in the credit interest rates offered by banks, too many are still offering low incentives for those who keep their accounts in credit, a new report has asserted. |
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| The government has recently announced some changes regarding Individual Savings Accounts (ISAs), due to take effect from the start of the new tax year. The new terms will apply from 6 April 2008. |
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| Barclays are offering FREE Flights to all new customers who open a Barclays Bank Account or a First Additions Current account online. With the summer approaching this should really catch the attention of those looking to open a new account and possibly those that were not! Read on to find out more... |
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| Britons need to take steps to make sure that they are saving their money in a cost-effective manner, it has been claimed. According to Nationwide, a failure to invest the full amount into individual saving accounts (Isas) ahead of the end of the tax year will see consumers pay millions of pounds in unnecessary tax repayments. It was suggested that at present only about a third of adults have an Isa, with many of these people failing to make the most of the tax-free savings vehicle each year. |
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| Child Trust Funds are helping to create a culture of saving and many parents are going beyond the government scheme to set up alternative accounts, research shows. |
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| The Bank of England's monetary policy committee (MPC) has voted to keep interest rates consistent for this month, it has emerged. As a result of the move, the base rate of interest attached to secured loans and other types of credit will remain at 5.75 per cent, a rate which has remained unchanged since July. |
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UK Consumers Struggling More With Making Mortgage Payments
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