National Savings and Investments (NS&I) is reducing the interest rate on its Direct ISA by 0.25% to 1.5% from 27 February next year.
Saving is a socially responsibly thing to do and the Government needs to do more to incentivise it, writes Aldermore Bank's Simon Healy.
The chairman of the Building Societies Association has called on the Chancellor to bring forward proposals to help savers in his Autumn Statement on 5 December.
The Financial Conduct Authority (FCA) should expect a surge in applications from new start-up banks, according to the founder of Metro Bank.
Co-op Bank has secured a rescue deal with creditors over the weekend which will see branch numbers reduced and staff redundancies, according to reports.
Parents shell out a staggering £44bn a year to support their adult children, a report has revealed.
Tesco Bank increases rates on savings accounts; AXA Wealth launches new passive funds; Leeds Building Society unveils new mortgage product range.
The Financial Conduct Authority (FCA) is launching a study of the cash savings market, examining how accounts are sold and obstacles to switching among other aspects.
Some savers with up to £500,000 in their account will have their money fully protected by the government if their bank fails, under new European rules.
Bank of England Governor Mark Carney has promised to keep interest rates lower for longer, ahead of the release of UK GDP growth data for the third quarter.
Lloyds moves closer to re-starting dividend pay-outs; JP Morgan valued Royal Mail sale at £10bn; homeowner confidence hits four year high.
Savers who do not have an old account paying a competitive interest rate could consider using a current account for savings.
EDF launches fixed price energy plan; Halifax reduces balance transfer fees; NatWest to shun brokers and only offer Help to Buy products direct to consumers.
Shawbrook Bank's James Blower offers his advice to savers who are struggling in today's low interest rate environment.
Former director of Co-op Bank Roger Gorvin has written to the chief executive of its parent company, accusing it of unethical behaviour in its planned rescue deal.
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