Do you REALLY want six months’ salary sat in a ‘savings account’? There are more interesting and rewarding things to do with idle cash, says ADRIAN LOWERY By Adrian Lowery for Thisismoney.co.uk Published: 05:00 BST, 27 August 2020 | Updated: 05:00 BST, 27 August 2020 It might seem an odd time to question the wisdom … Read more
Many Britons have managed to squirrel away extra cash during lockdown, perhaps saving on commuting costs, going out and memberships they no longer needed, according to numerous reports in recent months. But now that pubs, restaurants and cinemas are opening up once more, households may find it difficult to stick away the same amount of … Read more
Zopa now offers savings accounts as the new bank launches its first fixed-rates: How do they stack up to the competition? Peer-to-peer lending platform Zopa was granted a banking licence in late June It has launched fixed-rate accounts with credit cards coming soon More competition in the savings market is good news for savers, with … Read more
I don’t! Wedding guests say enough as cost of attending nuptials hits £460… forcing them to dip into savings or get into debt Wedding guests are forced to dip into savings or get into debt to attend nuptials The average cost per person to attend a wedding is £460, says website Hitched Survey of 2,886 … Read more
I don’t! Wedding guests say enough as cost of attending nuptials hits £460… forcing them to dip into savings or get into debt Wedding guests are forced to dip into savings or get into debt to attend nuptials The average cost per person to attend a wedding is £460, says website Hitched Survey of 2,886 … Read more
Last week, I asked savings expert Anna Bowes if she could come up with five tips to ensure savers don’t fall victim to paltry savings rates of 0.01 per cent or below. She went one better and offered six. ‘Don’t leave your cash with Barclays, NatWest, Lloyds, HSBC, Halifax or Santander,’ she said. I laughed … Read more
The number of savings accounts that now beat inflation have dropped four fifths thanks to a surprise rise in the cost of living. Inflation jumped to its highest level for four months in July, with the Consumer Price Index increasing from 0.6 per cent to one per cent, according to the Office for National Statistics. … Read more
With the UK motor industry’s year hinged on a strong sales performance next month, car buyers can expect to secure substantial discounts on new models. September is always one of the two biggest months for vehicle registrations along with March, as motorists swarm into dealers to strike deals on motors with the latest registration plates … Read more
Already pitiful savings rates have been slashed by nearly TWO THIRDS during the coronavirus pandemic and continue to set record lows Average savings rates have been slashed for the fifth consecutive month Coronavirus pandemic has seen fewer savings options available Easy-access accounts tumbled from 0.56% in March to 0.22% this month By Grace Gausden For … Read more
More green shoots have appeared in the savings market as the recent revival in fixed-term savings rates has continued over the last week. Challenger banks have continued to increase their rates on short-term fixed-rate deals while best buy tax-free Isas have also been launched. Experts said the presence of Treasury-backed National Savings & Investments at … Read more