With the new financial year, many UK investors will be looking at new financial products. With some savings accounts offering lower interest rates than others, it's important to understand the different types of ISAs which are available for you can make an informed choice.
There was some interesting news this week for investors who may be looking to place their money in shorter-term investments.
Many millennials, it would seem, are currently refraining from looking to the future and are instead focused only on the present.
Savers are ditching fixed-rate bonds and tax-free cash ISAs in their droves & turning to flexible accounts, recent data shows.
Interest rates on savings accounts may remain considerably low for the next two years, but there are alternatives to get a better return.
According to a UK trade association, an increased pressure on household budgets is leading to a reduction in both saving and spending.
Savers applying for a savings account with Ulster Bank have been alarmed to find that their credit files have been marked.
With interest rates for borrowers imminently set to rise there was more bad news for would-be borrowers looking to secure a mortgage.
A top economist has stated central banks should introduce negative interest rates as part of their economic policy in a future recession.
Bank of England deputy Ben Broadbent has warned of a rise in UK interest rates, due to uncertainty surrounding ongoing Brexit negotiations.
There's a huge array of possible options for a lump investment of £90k. The best way to invest will depend on your situation & risk profile.