Savings Accounts

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Couples keep majority of savings separate

The average UK couple keeps 63 per cent of their savings and investments separate, with just over £3 billion now stashed in ‘secret’ savings accounts.

Savings | 10 Dec 2014
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Warning over 'fake' offshore bank

Banking regulators in Jersey have warned consumers and investors not to deal with a bank claiming to operate in the Channel Islands.

Savings | 25 Nov 2014
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Record number of young people living in poverty

The number of private rented sector tenants in poverty has doubled in the last decade from 2.1m in 2002/03 to 4.1m in 2012/13, research has revealed.

Savings | 24 Nov 2014
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UK CPI inflation rises to 1.3% in year to October

UK Consumer Price Index (CPI) inflation rose to 1.3 per cent in the year to October, according to ONS figures released today.

Savings | 18 Nov 2014
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Product launches of the week

New credit card deals and special offers abound this week as financial service providers gear up for the Christmas shopping season.

Credit Cards & Loans | 14 Nov 2014
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UK unemployment falls by 115,000 to reach 1.96 million

Unemployment in the UK fell by 115,000 to 1.96 million in the three months to September, according to the Office for National Statistics (ONS).

Current Accounts | 12 Nov 2014
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Five banks hit with largest ever fine over FX failings

The Financial Conduct Authority (FCA) and US authorities have hit five banks with fines totalling £2bn for failing to properly control their foreign exchange practices.

Investments | 12 Nov 2014
image of coins being weighed

Poorest 20% to remain in the red until 2020

The poorest 20 per cent of UK households will be unable to afford to save until 2020, according to the latest Post Office Future of Savings Report.

Savings | 12 Nov 2014
A hammer about to smash a piggy bank

Savings levels remain low despite recovery

Brits are still struggling to save, according to Lloyds Bank, despite the economic recovery and a widespread belief in the importance of emergency funds.

Savings | 07 Nov 2014
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MAS consumer contact up 40% year on year

Almost 1.6 million more consumers contacted the Money Advice Service (MAS) in the last three months than in the same period last year, latest figures show.

Savings Accounts | 06 Nov 2014
Barclays

CMA confirms full bank investigation

The Competition and Markets Authority has decided to move forward with a full scale investigation of the retail banking sector.

Current Accounts | 06 Nov 2014
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Consumer confidence dips for second time in 2014

Consumer confidence has dropped for the second time in 2014, according to the Lloyds Bank Spending Power Report for September, though sentiment remains fairly positive.

Savings | 20 Oct 2014
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2014 savings rise comes to an end

The steady increase in the amount Brits are saving seen through the first half of 2014 has come to a halt, with the average adult now putting away just 7.63 per cent of their monthly income.

Savings | 18 Oct 2014
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Identity thefts account for half of detected fraud

Third party fraud – more commonly known as identity theft – now accounts for 47 per cent of all fraud cases prevented and detected.

Savings | 13 Oct 2014
christmas-shock

Should you already be saving for Christmas?

A third of Brits will start the New Year in debt after an expensive holiday season, according to the Money Advice Service (MAS). Can planning ahead help you avoid the debt trap?

Savings Accounts | 09 Oct 2014

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