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Savings News

Get all the latest news on ISAs and savings in general.

Increase in asset investments sore as Consumers hunt for better returns

Savvy savers paid a record amount into investment funds in 2009 as they looked for a better return on their cash than putting it straight into the bank.

According to the Investment Management Association (IMA) net sales of ...

The Post Office Launches New Savings Plan

The Post Office has announced that it will be launching a competitive fixed-rate ISA and savings bond to cater for the needs of today's savers.

Revealed this week, the Post Office's new Growth Bond Issue 11, which is ...

Banks deprive Savers of Tax Benefits

UK banks are denying investors and savers tax benefits and tarnishing the ISA brand by paying out less on fixed-rate cash ISAs then on similar taxable bonds. Reports show that in some cases you can earn more in a ...

Leeds launches new Five Year Isa Package

Leeds Building Society recently announced that they will be launching a five–year fixed rate ISA, paying out 4.6 per cent tax-free. The package also allows you access to 25 per cent of the total amount invested into the ISA without ...

Yorkshire Building Society Launches Fixed Rate (3.25%) ISA

The Yorkshire Building Society (YBS) announced this week that they will be launching a new cash ISA, offering savers a fixed rate of 3.25% per annum.

The new tax-free savings scheme according to the Yorkshire Building Society is ...

UK interest rates remain frozen

The Bank of England released a statement yesterday stating that the interest rate will remain unchanged at 0.5 per cent.

The record low rate of interest has remained unchanged since it was slashed to 0.5 per cent in March 2009 ...

First Direct Launches easy access ISA paying 2.5%

The new e-ISA launched by First Direct offers savers a tempting 2.5% fixed interest rate until June 2011. The ISA only requires a minimum investment of just £1 and allows you to access your cash at any time.

The latest ...

Barclays Wealth Launches New Investment Plan

Barclays Wealth has just launched their latest investment product, offering protected returns of up to 60% after six years ,with the opportunity to lock-in gains for certain rises in the FTSE 100

The UK Accumulator product offered by Barclays ...

ISAs Are The Best Option To Beat Current High Inflation

An announcement went out last week to warn a large number of savers that their money was losing real value. Several billion pounds are believed to be losing value in normal savings accounts due to the high level of ...

Savers Could Miss Out On £4.3bn ISA Interest

Delaying deposits into a mini cash isa until April 2009 could collectively cost Brits a staggeing £4.3bn in lost interest. This claim has been made by Abbey Saving and ...

Cash ISAs Favoured By Investors

Investors and savers in the UK are shunning the potential of tax free equity-linked ISAs in favour of a simple cash only account a survey has shown.

A poll carried out on behalf of New Star found ...