Cash Isa savers to lose £1,000 this year

The best cash Isa rate available, from United Trust Bank, pays just 1.95pc and requires savers to lock up their cash for seven years. Rosie Hooper of…

Britain’s luckiest Premium Bond winner scoops £1m with just £17 in account

The second-smallest Premium Bonds holding ever to win the top £1m prize was £400, with savers with this amount winning the jackpot on two occasions, one in…

Savers to lose £50 a month as Bank ups inflation forecast

Those who use traditional easy-access savings accounts have around £5,000 on average, according to Office for National Statistics data analysed by consumer research firm Nimblefins. A typical…

Don’t expect us to put up savings rates, banks warn

Savers should not expect savings rates to climb dramatically even as central interest rates have risen today, banks have warned. NatWest chairman Howard Davies told Radio 4’s…

The £500 reason to ditch your cash Isa

Cash Isa savers will lose nearly as much of their purchasing power this year as in the whole of the past decade after paltry interest rates failed…

Cash savers facing ‘worst ever’ Isa season

Savers are facing the “worst ever” Isa season as interest rates have failed to keep pace with rocketing inflation. The price of consumer goods has risen by…

NS&I doubles interest rate on controversial ‘green’ savings account

NS&I said average fixed rates had risen in the wider savings market since the launch of its green bond last October and it wanted to offer a…

Savers earn just 10p a month as banks fail to pass on higher interest rates

The average saver is earning just 10 pence a month in interest by staying loyal to high street banks, after providers failed to pass on the benefit…

Easy ways to save money in 2022 — best tips to improve your finances

5. Don’t forget to haggle Even once you’ve been given an offer by a company for goods or services, that may not be their cheapest price. If…

‘Disgraceful’ banks dragging their feet on savings rates

Savers have been left wanting by “disgraceful” banks as they drag their feet in increasing returns despite the Bank of England raising the base interest rates twice…

How savers can benefit from the interest rate rise

Another option is to deposit money in “active savings” accounts, where your cash is automatically transferred to the accounts paying the most when they appear on the…

How savers can benefit from today’s interest rate rise

Another option is to deposit money in “active savings” accounts, where your cash is automatically transferred to the accounts paying the most when they appear on the…

Easy ways to save money in 2022 — top tips to improve your finances

5. Don’t forget to haggle Even once you’ve been given an offer by a company for goods or services, that may not be their cheapest price. If…

Easy ways to save money in 2022: top tips to improve your finances

5) Don’t forget to haggle Even once you’ve been given an offer by a company for goods or services, that may not be their cheapest price. If…

Household savings to balloon as cost of living crisis bites

Despite the savings glut built up since the pandemic began, the national survey of more than 1,000 people also showed more than a quarter of people planning…

NS&I rescinds Premium Bonds prizes over decades-old technicality

Thousands of National Savings & Investments customers could have prizes retroactively cancelled after decades-old Premium Bonds were discovered, breaking rules about maximum holdings. NS&I has started to…