Minister urged to protect access to cash on high street

Consumer groups and businesses write to Government urging it to protect consumers’ access to cash on high street By Jeff Prestridge, Financial Mail on Sunday Published: 21:53 GMT, 19 December 2020 | Updated: 21:53 GMT, 19 December 2020 Consumer groups and businesses have written to the Government urging it to protect consumers’ access to cash … Read more

Big banks paid just 38 pence interest on £1,000 on cash Isas this year

Worst year yet for cash Isa savers: Big banks paid just 38 pence interest on each £1,000 in 2020 By Sylvia Morris For The Daily Mail Published: 22:00 GMT, 15 December 2020 | Updated: 22:36 GMT, 15 December 2020 Britain’s biggest banks will pay savers as little as 38 pence interest on each £1,000 in … Read more

Teach our children about finance at school, say parents

Teach our children about finance at school, say parents By Rachel Rickard Straus, Financial Mail On Sunday Published: 21:50 GMT, 12 December 2020 | Updated: 22:39 GMT, 12 December 2020 As many as nine in ten Britons did not receive any financial education at school, a survey for The Mail on Sunday reveals.  In fact, … Read more

How on Earth did NS&I get savings rates SO wrong?

For almost 160 years, National Savings and Investments has been one of this country’s most-cherished institutions. Since its launch by William Gladstone, hundreds of millions of people have entrusted it with their nest eggs. It has protected the nation’s savings through most of Queen Victoria’s reign, two world wars, a financial crash and now a … Read more

Child Trust Funds: Are investment fees eating your savings?

Thousands of young savers face chunky investment charges because they cannot access Child Trust Funds due to problems proving the money is theirs. The first tax-free savings accounts began to mature just over 100 days ago as holders turned 18, but a large proportion have remained untouched since, with savers unable to benefit from windfalls … Read more

Fintech start-up Lanistar drops celebrity backer claims as Instagram influencers promote debit card

Fintech start-up Lanistar drops celebrity backer claims after 3,000 Instagram influencers were paid to promote its debit card Lanistar signed up footballer Kevin de Bruyne and Love Island’s Amber Gill It claimed to be ‘part-owned’ by ‘influential people’ in its launch campaign  But the company has since dropped those claims  Lanistar could not say how … Read more

How you can still earn 1.25% interest on an easy-access savings deal

Banking app offers 1.25% interest on an easy access savings account… but you need to be invited by an existing customer Chip is a banking app launched in 2017 and lets savers round up their money  It has recently launched interest-paying easy-access accounts  Its latest offer is a market-leading 1.25% on up to £5,000 But … Read more