Best inflation-beating savings rates: Make your money work harder

The truth is, there’s no such thing as a single rate of inflation. Everyone will have their own because everyone in the country buys different goods and services from different shops and sellers. The changing price of dog food, for example, is not going to be relevant to someone who does not have a four-legged … Read more

JP Morgan: Fraudsters pretend to offer inflation-beating savings bonds

Scammers are yet again targeting hard-up savers looking for a better return on their money by impersonating legitimate banks, with victims losing hundreds of millions of pounds since March. American bank JP Morgan Chase has once again been impersonated by fraudsters, who have pretended to be a little-known investment arm of the giant in an … Read more

Just 11 of 661 inflation-beating savings accounts offered by big banks

Inflation hits a five-year low but just 11 savings accounts offered by Britain’s seven biggest banks pay at least 0.2% after slashing rates to the bone There are now 661 inflation-matching accounts after the CPI fell to 0.2%  Just 11 of these are offered by Britain’s biggest banks Only 1 out of 87 easy-access deals … Read more

Number of inflation-beating savings accounts falls to 450

Falling savings rates and rising inflation mean 100 fewer accounts beat CPI this month as the ONS reveals it ticked higher for first time this year Inflation ticks up to 0.6% in June compared to 0.5% in May  Coupled with continued cuts to savings rates – 450 accounts now beat it  This is likely to … Read more