moneysaving

Best buy savings bank PCF suspends share trading as chief executive of 13 years resigns PCF Bank opened its doors in 2017 and often offers best buy savings rates  The AIM-listed lender suspended trading in its shares on Wednesday  It said it was reviewing its ‘financial controls and reporting processes’ It told This is Money … Read more

Savings rates might be slowly ticking up, but the cost of living is increasing even more quickly. Consumer price inflation more than doubled last month to 1.5 per cent, the Office for National Statistics said on Wednesday, leaving most savers with nowhere to go to avoid losing money in real terms. As a result, cash … Read more

Spark of hope at last for savers as rates have risen from the rock-bottom levels of earlier this year By Sylvia Morris For The Daily Mail Published: 22:00 BST, 18 May 2021 | Updated: 22:09 BST, 18 May 2021 Atom Bank now pays 0.85 per cent on its one-year fixed-rate bond Savings rates have risen … Read more

Hundreds of thousands face new NS&I tax bill over changes to Guaranteed Growth Bonds By Sylvia Morris For The Daily Mail Published: 22:00 BST, 11 May 2021 | Updated: 22:11 BST, 11 May 2021 National Savings & Investments changed the way its popular Guaranteed Growth Bonds worked two years ago Hundreds of thousands of NS&I … Read more

Act fast to bag a better bond: Handful of banks return to the market after long absence By Money Mail Reporter For The Daily Mail Published: 22:01 BST, 11 May 2021 | Updated: 22:08 BST, 11 May 2021 Deal time: Rates on short-term bonds have improved Rates on short-term bonds have improved as a handful … Read more

Britons will hang on to some of their lockdown savings habit in 2021 but in a blow for cash savers the base rate could stay at an all-time low for another two years, the Bank of England said yesterday. In its latest monetary policy committee report the central bank forecast the base rate could inch … Read more

There were more than 25,000 complaints about packaged bank accounts last year as Britons were left with monthly fees for perks rendered useless by the pandemic. Customers of the likes of Halifax, NatWest and Nationwide Building Society are charged upwards of £10 a month for additional benefits like breakdown cover, travel and mobile phone insurance … Read more

Proof a cash machine can help boost businesses: In one community, a brand new free-to-use ATM was installed last month – and shopkeepers say it’s already boosted local trade Thanks to requests from local firms and residents along Bishopthorpe Road, a high street just outside York’s city walls, a new cash machine was installed  Since … Read more

The banks that grow trees as well as your savings: NS&I to launch new ‘green’ account this summer Oxbury Bank’s Forest Saver account funds woodland creation projects  Gatehouse Bank has launched a range of Green Saver fixed-rate bonds and Isas  Triodos Bank lends your money to environmental, cultural and social projects  By Sylvia Morris For The … Read more

Cash savings websites paying four times the best rates on offer from banks and building societies By Sylvia Morris For The Daily Mail Published: 22:01 BST, 20 April 2021 | Updated: 22:01 BST, 20 April 2021 Cash savings websites offer exclusive deals that pay four times the best rates on offer with banks and building … Read more