Why were my refunded Euro 2020 tickets paid at a worse exchange rate?

Football fans have been dealt a double blow before the rescheduled Euro 2020 tournament, as their tickets were cancelled at short notice for games in London and Glasgow and they lost money on refunds calculated at a worse exchange rate. A huge number of British fans who had tickets for any of the eight games … Read more

Just 920,000 savers hold more than £2 in every £5 held in Premium Bonds

More than £2 in every £5 saved into Britain’s best-loved savings product has been provided by fewer than 1million savers, This is Money can reveal. Despite 21.4million savers collectively holding £107.4billion in Premium Bonds at the start of this month, £46.1billion of that is held by just 920,000 people who hold the maximum £50,000, according … Read more

How to build a fixed term savings ladder to get more interest

Savings rates might be slowly ticking up, but the cost of living is increasing even more quickly. Consumer price inflation more than doubled last month to 1.5 per cent, the Office for National Statistics said on Wednesday, leaving most savers with nowhere to go to avoid losing money in real terms. As a result, cash … Read more

Enough of the Covid excuses… Let us back in our banks! 

Around 1,500 bank branches are still only open part-time more than a year after the pandemic started. Most banks restricted branch services when Covid hit in March last year, with many closing altogether. The move caused long queues down high streets around the country, while many customers complained they had been turned away at the … Read more

Enough of the Covid excuses… Let us back in our banks! 

Around 1,500 bank branches are still only open part-time more than a year after the pandemic started. Most banks restricted branch services when Covid hit in March last year, with many closing altogether. The move caused long queues down high streets around the country, while many customers complained they had been turned away at the … Read more

Households reluctant to splurge their £180bn Covid savings pile

Forget the Roaring Twenties, it’s austerity Britain: Households reluctant to splurge £180bn Covid savings pile as consumer hedonism goes out of fashion More people shun ‘live for today’ mantra than endorse it for first time in 22 years Expectations of post-lockdown spending splurge could be wide of the mark Nationwide survey shows reset in how … Read more

Spark of hope at last for savers as rates rise from rock-bottom levels

Spark of hope at last for savers as rates have risen from the rock-bottom levels of earlier this year By Sylvia Morris For The Daily Mail Published: 22:00 BST, 18 May 2021 | Updated: 22:09 BST, 18 May 2021 Atom Bank now pays 0.85 per cent on its one-year fixed-rate bond Savings rates have risen … Read more

Bank reveals the names that customers give to their savings pots – and everyone wants a holiday 

Lockdown weary Britons are readying themselves for a spending splurge on holidays, new cars and dream homes, new analysis by TSB suggests. The bank revealed its customers’ most popular named savings pots, providing an indication of what people are planning to indulge in as the UK emerges from its third – and to be hoped, … Read more