The latest news and developments affecting the UK economy. Hot takes on how economic factors affect savers and investment in the UK.

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.

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.

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?

Odds Lengthen on Rate Rise as Inflation Stays Static

July 20th, 2018 by
The rising cost of oil and gas had led many economists to predict an increase in the consumer price index. However, the falling price of goods such as clothing and slower house price growth contributed to static inflation figures.

How 59 per cent of Brits Waste their Savings

July 19th, 2018 by
Almost six in ten (59 per cent) Brits believe they are wasting their savings rather than putting them to good use, new research has found.

Bad News for Savers as Interest Rates Held

May 10th, 2018 by
The Bank of England has maintained the base rate of 0.5 per cent, disappointing millions of savers who have been struggling with low interest rates

95% of Londoners don’t have an Investment Portfolio

April 30th, 2018 by
According to investment app Dabbl, even though approximately three quarters (74 per cent) of London residents have considered starting a portfolio, just five per cent went on to take action on their investments.

Self-Employed Workers “Seriously Concerned” About Pension Shortfall

April 25th, 2018 by
Almost half of the UK’s self-employed workers are worried that they won’t have enough money to retire. According to a new report from think tank Demos, 46 per cent of self-employed workers are “seriously concerned” about facing a shortfall in their pension savings.

Millennials Embrace Financial Technologies while Baby Boomers Keep it Traditional

April 12th, 2018 by
Millennials are turning to wearable technology and mobile phone wallets, while Baby Boomers continue to use traditional banking methods, a new survey has shown.

Gender Pay Gap Leaves Women with 20 per cent Less in Pension Savings

April 5th, 2018 by
Women aged 25 can expect to accumulate a workplace pension that is 20 per cent less than men by the age of 65, despite efforts to reduce the gender pay gap in UK companies.