Lockdown savers pile £8bn into Hargreaves Lansdown: Broker’s billionaire founders to receive £82m in dividends By Lucy White For The Daily Mail Published: 21:51 BST, 7 August 2020 | Updated: 21:51 BST, 7 August 2020 Hargreaves Lansdown was boosted by an influx of customers during lockdown, as thousands of Britons sat down to order their … Read more
Authority tasked with bailing out investors in failed bond scheme London Capital and Finance pays out another £8.4m to worried savers By Daily Mail City & Finance Reporter Published: 22:27 BST, 30 July 2020 | Updated: 22:27 BST, 30 July 2020 The authority tasked with bailing out investors in failed bond scheme London Capital and … Read more
State-backed pension provider Nest is to plough £5.5billion, nearly half of its 9million members’ money, into a climate-friendly investment strategy. Nest’s goal is to halve carbon emissions generated by its investments by 2030 and reach ‘net zero’ by 2050. It will also ditch companies involved in thermal coal, oil sands and Arctic drilling within five … Read more
Savers urged not to be fooled by tempting interest rates that will soon come crashing down By Sylvia Morris For The Daily Mail Published: 00:23 BST, 29 July 2020 | Updated: 00:23 BST, 29 July 2020 Savers are urged not to be fooled by tempting interest rates that will soon come crashing down. Some accounts … Read more
NS&I offers a ray of hope for savers as Government gives it the go ahead to raise a record £40bn this year By Ben Wilkinson for the Daily Mail Published: 22:01 BST, 21 July 2020 | Updated: 23:04 BST, 21 July 2020 Savers can expect top rates for a while still, after National Savings and … Read more
We want your cash! The Government turns to Britain’s army of savers with NS&I now looking to rake in £35bn this year as it ups target by 500% in wake of coronavirus Treasury-backed bank raises financing target from £6bn to £35bn It comes as NS&I now has a number of best buy savings deals Rates … Read more
Londoners come out top of the lockdown savers with 38% saying they have managed to lay more cash aside By Money Mail Reporter For The Daily Mail Published: 22:01 BST, 7 July 2020 | Updated: 22:01 BST, 7 July 2020 31 per cent of people nationwide said they had managed to save more during lockdown … Read more
Savers pounce on NS&I after it ditched plans to slash rates, while other banks continue to cut theirs By Sylvia Morris and Fiona Parker For The Daily Mail Published: 22:01 BST, 30 June 2020 | Updated: 22:01 BST, 30 June 2020 Hard-pressed savers have flooded National Savings & Investments (NS&I) after its accounts topped best-buy … Read more
Rock-bottom borrowing costs mean it is increasingly expensive for the Government to raise cash from savers, according to National Savings & Investments, raising concerns its market-leading savings rates could be cut. It cost the Treasury-backed bank almost £887million more to raise money from savers between April 2019 and March 2020 than if the Treasury borrowed … Read more
The incomes of savers and pensioners will suffer after much of a £2.5billion rent bill went unpaid in a grim day for landlords. As shopping centre owner Intu teeters on the brink of collapse, experts said cash-starved shops were expected to pay as little as 10 per cent of the June quarterly rent bill due … Read more