Savings rates: One in five think they have risen in the last year

Britain a nation of ‘sunny savers’: Bank of England survey reveals more than one in five believe savings rates have gone UP since last year Just 33% of a survey of nearly 4,600 people correctly said rates had fallen  19% didn’t know and 27% felt rates on mortgages and savings had not changed  This is … Read more

Britain will ditch its lockdown savings habit as it goes on £45bn spending spree

British households could be set to save less money than they did before the pandemic over the next five years as the country embarks on a £45billion spending spree, it has been forecast. Despite savers salting away a record £143.5billion since the start of the first lockdown last March, the percentage of disposable income saved … Read more

‘Tripadvisor Plus’ launches, with users able to access ‘insider savings’ and perks for $99 fee

The Amazon Prime for travel: ‘Tripadvisor Plus’ launches, with users able to access ‘insider savings’ and perks from free wine to room upgrades for a $99 annual fee The Plus program is free for hotels to join with zero commission rates  There’s a minimum discount of 10% plus perks for a hotel offer to be … Read more

Inflation unmasked: How it affects your savings and why it matters

Rising inflation continues to ‘erode’ gains on millions of people’s savings accounts up and down the country, new findings reveal.    Fresh figures from the Office for National Statistics today showed that rising furniture and food prices pushed the Consumer Prices Index up to 0.7 per cent in January, up from 0.6 in the year to … Read more

Aviva Save: Investment giant launches a cash savings platform

Insurance and investment giant Aviva has launched its own cash savings platform, This is Money can reveal, but savers will earn more by going to the banks directly. Britain’s largest insurance firm’s answer to the likes of Hargreaves Lansdown Active Savings and Flagstone has opened with 15 fixed-rate bonds offered by Aldermore, Oaknorth and Paragon … Read more

Andrew Bailey rocked by extraordinary row over LCF savings scandal 

The Judge versus the Governor: Andrew Bailey rocked by extraordinary row over LCF savings scandal By Lucy White For The Daily Mail Published: 23:04 GMT, 9 February 2021 | Updated: 23:04 GMT, 9 February 2021 Andrew Bailey’s reputation has been dealt a serious blow after a row erupted between the Bank of England Governor and … Read more