Half of Britons are using less physical cash now than pre-pandemic, suggesting the last last two years may have permanently changed attitudes towards coins and notes. Only a quarter claim they are using the same amount of cash as before with four
Current account trick that’ll bump up your interest to 1%: Beleaguered savers looking to protect their nest eggs have limited options By Rachel Rickard Straus, Financial Mail On Sunday Published: 16:51 EST, 5 March 2022 | Updated: 17:01 EST, 5 March 2022
Despite the fixed rate savings market paying considerably better returns than easy-access deals at present, many savers prefer to keep their cash within reach. As many as 62 per cent of total savings are in easy-access accounts, according to analysis by Paragon
Savers withdrew a record amount of money from cash Isas in the second half of 2021 indicating that record low rates are making the majority see the tax wrapper as pointless. In total, people withdrew more than £7billion from cash Isa accounts
The country’s big four banks announced rip-roaring annual profits last week – between them, a mindboggling £23billion. They duly rewarded shareholders for their loyalty with the promise of dividend payments in the coming weeks. For investors in these banks – Barclays, HSBC,
What’s happening at NS&I? 349k savers left waiting for up to six months for interest and Premium Bond prizes after ‘system glitch’ Issue impacted some 349,000 savers with funds worth just over £1.1billion 999 Premium Bond winners were also impacted with prizes
Tumbleweed. That’s what big banks are giving savers in the aftermath of two rate rises in quick succession. Barclays, NatWest, HSBC, Lloyds and Santander continue to insult savers with easy-access rates paying 0.01 per cent. In December, base rate nudged 0.15 percentage
Top savings rates that last for just FIVE DAYS: Why you need to act fast to grab the best deals before they disappear By Sylvia Morris For The Daily Mail Published: 17:00 EST, 22 February 2022 | Updated: 17:00 EST, 22 February
Yorkshire Building Society launches two new easy-access savings rates which reward those with bigger balances The mutual has launched new versions of two of its easy-access savings deals Both accounts pay tiered variable interest rates of up to 0.7% Two equivalent Isa
Virgin Money current account customers will soon have access to a market leading savings rate of 1 per cent. It linked savings account is available to anyone with a Virgin Money M Plus Account, Virgin Money Club M Account and its basic Virgin