Up to date statistics and news from the business and finance world which affects UK interest rates, savers and investment portfolios.

The experts speak! Financial predictions for 2019

January 9th, 2019 by
Brexit, currency wars, challenger banks and rising interest rates – according to the experts, any one of these factors could make or break your savings and investments.

Protests as Rail Fare Increases Outstrip Inflation and the Top-Paying Savings Rates

January 7th, 2019 by
Angry commuters are protesting the rail fare increases, which have once again risen higher than the top-paying savings rates

How to Brexit-proof your ISA savings

December 24th, 2018 by
How can you prepare your ISA savings so that you don’t suffer the full weight of currency depreciation and market volatility?

Static Inflation Rate Spells Good News for Savers

November 21st, 2018 by
Savers had some rare good news this month, as it was revealed that inflation remained static at 2.4 per cent in October.

Relief for savers as Chancellor avoids pension cuts and raises tax-free threshold

October 31st, 2018 by
Savers have avoided misery in the latest Budget, as Chancellor Philip Hammond chose to maintain the existing tax relief on pension savings, despite speculation that cuts were on the way.

Boon for savers as inflation (finally) goes down

October 19th, 2018 by
Inflation has fallen for the first time since March, offering respite for savers who have been struggling to find inflation-beating savings accounts.

CMA investigates ‘super-complaint’ on behalf of loyal savers

October 10th, 2018 by
The Competition and Markets Authority (CMA) has agreed to investigate a “super-complaint” which was lodged last month by Citizens Advice on behalf of loyal savers.

Gatehouse Bank adds 0.25 per cent interest to savings rates

August 13th, 2018 by
Gatehouse Bank has increased the rates on its savings accounts by 0.25 per cent, in line with the recent base rate rise. All three of the bank’s existing notice accounts will be offering an extra 0.25 per cent starting from Friday 17 August.

Skipton Raises Savings Rates following Base Rate Change

August 3rd, 2018 by
Skipton Building Society has raised the interest rate on its Cash Lifetime ISA (LISA) and other variable savings accounts, following yesterday’s base rate hike.

Why the Bank of England Base Rate Matters

August 2nd, 2018 by
Over the past nine years, the Bank of England’s Monetary Policy Committee (MPC) has only raised rates once. So why does this base interest rate even matter?

Regulator Mulls ‘Basic Savings Rate’ Amid Concern for Cash Savers

July 26th, 2018 by
The Financial Conduct Authority (FCA) is considering setting a ‘basic savings rate’ to combat price discrimination in the cash savings market.