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Savings

A complete archive of all our Savings news and articles

Think tank condemns coalition welfare reforms as poorest households hit hardest

Britain’s most financially vulnerable households have been hit hardest by the coalition’s welfare reforms, with the scrapping of number of benefits hitting children the hardest.

26 Jan 15 Read More

FCA blasts banks & building societies for perpetuating poor savings culture

Banks and building societies are promoting a sub-standard savings culture, according to the financial regulator, who said that a lack of competition within the industry is prevent savers from accruing the interest they warrant.

20 Jan 15 Read More

Intense demand for NS&I pensioner bonds crashes website – what value to expect from these market-leading bonds

Pensioner bonds are now on sale from the state-owned National Savings & Investments (NS&I) bank, and demand is high for the sheer number of hopeful visitors seeking to lock up one of the market-leading bonds.

15 Jan 15 Read More

M&S new savings account offering offers generous 6% interest

M&S Bank recently shook the current account market with the launch of its new monthly savings account which offers customers a highly generous 6% fixed rate interest on their balance.

14 Jan 15 Read More

Bank of England releases series of proposals to improve protection of Individuals’ savings in the case of lenders failing

The Bank of England has released proposals outlining measures to better protect account-holders’ savings in instances of financial disaster, such as the crumpling of several global banks seen in 2008.

6 Oct 14 Read More

Market-Leading savings account vanishes from market within a week

The impetus is on savers to swiftly snap up the market-leading fixed rate bonds that temporarily flood the market before vanishing within a matter of days.

6 Oct 14 Read More

Government betters borrowing target for 2013/2014, says Office for Budget Responsibility

The Treasury was given a huge boost over its performance in the financial year to April, as the Office for Budget Responsibility revealed that they borrowed £107.7 billion during 2013/2014, substantially lower than the £115.1 billion the year before.

23 Apr 14 Read More

Business lending falls by half a billion during three months to February, says Bank of England

The total amount of money lent to businesses across the UK by banks and building societies fell by a substantial £0.5 billion in the three months to February this year, according to research released by the Bank of England on Tuesday.

22 Apr 14 Read More

Welfare reforms have been success, even for the disabled, says Duncan Smith

The government’s overhaul of the welfare system, including the reforms made to the disability benefit have been a success, the work and pensioners secretary has identified.

9 Apr 14 Read More

ONS measuring reforms to send savings ratio and growth forecasts soaring

The Office for National Statistics are set to change the manner in which they measure and gauge economic performance so that it is in accordance with global accounting standards, in a move that will send the country’s saving ratio soaring straight away.

8 Apr 14 Read More

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