Savings rates hit record low one year after first Covid lockdown

Savings rates hit record low one year after first Covid lockdown sparking fears of apathy among account holders Savings rates continue to fall to record low since the start of UK’s first lockdown  Average easy access savings rate is less than a third of what it was a year ago  There are 383 fewer deals … Read more

Savings rates hit record low one year after first Covid lockdown

Savings rates hit record low one year after first Covid lockdown sparking fears of apathy among account holders Savings rates continue to fall to record low since the start of UK’s first lockdown  Average easy access savings rate is less than a third of what it was a year ago  There are 383 fewer deals … Read more

Scam victim who lost £239,000 of life savings reimbursed

Scam victim who lost £239,000 of life savings reimbursed by her bank after we intervened By Rachel Rickard Straus, Financial Mail On Sunday Published: 21:52 GMT, 13 March 2021 | Updated: 21:52 GMT, 13 March 2021 A scam victim who lost £239,000 of life savings has been reimbursed by her bank after The Mail on … Read more

Britain will ditch its lockdown savings habit as it goes on £45bn spending spree

British households could be set to save less money than they did before the pandemic over the next five years as the country embarks on a £45billion spending spree, it has been forecast. Despite savers salting away a record £143.5billion since the start of the first lockdown last March, the percentage of disposable income saved … Read more

‘Tripadvisor Plus’ launches, with users able to access ‘insider savings’ and perks for $99 fee

The Amazon Prime for travel: ‘Tripadvisor Plus’ launches, with users able to access ‘insider savings’ and perks from free wine to room upgrades for a $99 annual fee The Plus program is free for hotels to join with zero commission rates  There’s a minimum discount of 10% plus perks for a hotel offer to be … Read more

Inflation unmasked: How it affects your savings and why it matters

Rising inflation continues to ‘erode’ gains on millions of people’s savings accounts up and down the country, new findings reveal.    Fresh figures from the Office for National Statistics today showed that rising furniture and food prices pushed the Consumer Prices Index up to 0.7 per cent in January, up from 0.6 in the year to … Read more