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City executives spoke to Rachel Reeves about reducing annual allowance from current £20,000, reports sayMajor savings providers have pledged to fight any attempts to cut tax breaks on cash Isas amid reports that the government is considering a plan to …
Many best rates are easy access and notice options rather than ones that lock money awayThis week’s news that inflation stayed steady at 4% in January means it is still possible to put your money in a savings account with an interest rate that beats th…
Switch to a better current account, revive your Isa and pick a savings best buy to make the most of your moneyAuthorised overdraft costs can vary dramatically. Many banks have overdraft calculators on their websites, so log on and compare what your ban…
Higher interest rates and move away from cash isas means hundreds of thousands more people may be hitHigher interest rates look set to land hundreds of thousands more people with an unwelcome tax bill for their savings, a financial advice firm warned t…
Credit card spending figures show shift towards saving as retailers report dip in visitsCash-strapped Britons are cutting back on eating out and reining in on buying takeaways to save up for the expensive Christmas season splurge.The amount spent on go…
Decision not to increase rates from 5.25% will be relief for many but some mortgage holders are already paying moreThe Bank of England kept interest rates on hold on Thursday – to the relief of many homeowners and would-be buyers.So what does this mean…
Building society’s regular saver for current account holders is one of a growing number paying 6% interest or moreCompetition among financial firms for a slice of the nation’s savings is intensifying, with Nationwide launching an account paying a “mark…
Government-backed bank throws down gauntlet to high street lenders with new growth bondsThe UK government’s savings bank, NS&I, has “thrown down the gauntlet” to high street rivals by launching a one-year fixed-rate savings account paying a table-t…
Deal offered over three years, and money invested will help finance windfarms and tree plantingSavers who want to make a difference with their cash no longer have to sacrifice a decent return after National Savings and Investments raised the rate on it…
Half have maximum of a month’s worth of rent put by as costs rise, Shelter survey findsA third of working tenants in England do not have enough savings to pay rent if they lose their job, putting them at risk of losing their home, according to research…