Savings & Banking News

Remember that New Year's resolution to start saving for Christmas early? Don’t worry if it slipped your mind. It's easy to get caught up in daily life and overlook long-term...

With no prior financial knowledge, often it can be difficult for children to understand that there isn't an endless supply of money available every time they want to buy something which catches...

For many people in the UK, the dream of retiring early feels out of reach, but with the right planning and conversations, it’s more achievable than you might think. Early retirement isn’t just about...

Saving for our pension is an important aspect of our finances, allowing us to save a healthy sum of money to have a comfortable retirement later on down the line. Despite this, there’s approximately...

Digital bank Monzo failed to provide 13,000 departing customers with their transaction histories, making it more difficult for them to apply for mortgages and loans in the future, the competition...

Savings accounts linked to Virgin Money current accounts now pay a market-leading 1.71% AER as the challenger bank hikes interest rates.Virgin Money current accounts - the high-interest M Plus...

The Lloyds Banking Group has announced plans to axe an additional 66 branches by January 2023, taking its list of closures to more than 200 in just over a year.48 Lloyds Bank branches and 18 Halifax...

The government-backed National Savings and Investment (NS&I) has increased interest rates across its range of savings products, giving a boost to more than 1.3 million savers.From Thursday, 21...

A new regular savings account from Yorkshire Building Society will allow savers to earn a market-leading 5% interest on deposits of up to £500 per month. But only existing customers can open the...

Savers migrating money into new Chase accounts are urged not to use CHAPS transfers as the bank doesn’t accept that form of payment, and the money could be left in limbo.In a case reported by The...