Best easy-access savings: Coventry and Marcus become top deals

It may not beat the excitement of defeating Germany 2-0 at Wembley, but like England fans, savers also have some reason to cheer. The Marcus Bank savings account by Goldman Sachs and the new Limited Access Saver account by Coventry Building Society are now both offering savers an easy-access savings rate of 0.5 per cent. The … Read more

NS&I Green Bonds hint at what we can do with £200bn of lockdown savings

SIMON LAMBERT: Britain’s lockdown saving may be running out of steam but NS&I Green Bonds hint at what we can do with the £200bn we’ve saved By Simon Lambert for Thisismoney.co.uk Published: 06:00 BST, 1 July 2021 | Updated: 06:00 BST, 1 July 2021 Is Britain’s lockdown savings habit running out of steam? Figures released … Read more

Visa to buy Swedish fintech start-up Tink for nearly £2bn

Visa to buy Swedish fintech start-up Tink for nearly £2bn: Payments giant snaps up open banking platform after being forced to abandon similar deal Visa is buying Swedish fin-tech Tink for $2.2bn Tink develops technology to allow fintechs to connect to customers from different financial institutions  It comes after Visa was forced to abandon its … Read more

High Street banks paying lowest rates on easy-access accounts 

Savers paying the price for loyalty: High Street banks paying lowest rates on easy-access account By Money Mail Reporter For The Daily Mail Published: 22:01 BST, 22 June 2021 | Updated: 22:01 BST, 22 June 2021 Savers are missing out by sticking to High Street banks for their easy-access savings. They have £927 billion in … Read more

Service meltdown at NS&I costs £1m in compensation

National Savings & Investments forced to pay out almost £1m in compensation as result of customer service meltdown By Rachel Rickard Straus, Financial Mail On Sunday Published: 21:50 BST, 19 June 2021 | Updated: 21:50 BST, 19 June 2021 National Savings & Investments was forced to pay out almost £1million in compensation as a result … Read more

Best savings rates: A quarter of Britons have less than £500 saved

A quarter of Britons have less than £500 saved despite a recent surge in people tucking cash away in the pandemic Some 13% of UK adults have no savings at all whilst 26% have less than £500  The figures indicate a widening of the financial wellbeing gap  Many adults are saving less as spend more … Read more

Best savings rates: A quarter of Britons have less than £500 saved

A quarter of Britons have less than £500 saved despite a recent surge in people tucking cash away in the pandemic Some 13% of UK adults have no savings at all whilst 26% have less than £500  The figures indicate a widening of the financial wellbeing gap  Many adults are saving less as spend more … Read more

Lifetime Isa deposits hit £1bn for the first time in 2020

The amount of money saved into Lifetime Isas more than doubled last year as deposits into tax-free accounts aimed at first-time buyers topped £1billion for the first time. In a sign the Lifetime Isa is becoming increasingly popular, the number of accounts which received deposits in 2019-20 also more than doubled to 545,000, according to … Read more