Saving & banking

How to get 2.23% interest on your £50,000 savings – the Moneywise model savings portfolio

Cash savers continue to battle against low interest rates and poor returns across the market, but there are ways to get more out of your savings pot.

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Government extends Isa inheritance allowance

Friday, 17 November 2017 | News

Spouses will soon be able to inherit the whole value of their deceased partner’s Isas tax free, including any growth in assets following their death.

Savings update: Major banks fail to pass on interest rate rise

Wednesday, 15 November 2017 | News

Rates are still in a state of flux following this month’s 0.25 percentage point rise in Bank of England base rate to 0.5%.

Paper £10 notes to be withdrawn from March 2018

Tuesday, 14 November 2017 | News

Paper £10 notes featuring Charles Darwin will cease to be legal tender from 11.59pm on 1 March 2018, the Bank of England has announced.

Charity calls for law change forcing banks to better support cancer sufferers

Tuesday, 14 November 2017 | News

Cancer sufferers come under undue financial pressure because of a lack of support from banks and building societies, according to Macmillan Cancer Support.

Will the base rate rise boost your bank account returns?

Monday, 13 November 2017 | News

A year ago, in the aftermath of the Bank of England’s decision to cut the base rate to 0.25%, a string of major banks announced they were reducing interest rates on their flagship current accounts.

Moneywise model savings portfolio

Friday, 10 November 2017 | Article

Cash savers continue to battle against low interest rates and poor returns across the market, but there are ways to get more out of your savings pot.

NS&I boosts Premium Bond prize fund and raises savings rates

Thursday, 09 November 2017 | News

More than 25 million National Savings & Investments (NS&I) Premium Bond and savings account holders are set to benefit from increased returns as the provider makes changes to its range.

Savings update: Rates likely to rise after Base Rate increase

Thursday, 09 November 2017 | News

Savings rates are expected to go up following the 0.25 percentage point rise in Bank of England base rate to 0.5% last week.

Atom Bank boosts savings rates – act fast to bag a market-leading deal

Wednesday, 08 November 2017 | News

Atom Bank has leapt to the top of the savings best buy tables with the launch of three new market-leading accounts.

Major banks launch iPhone apps with facial recognition

Tuesday, 07 November 2017 | News

Bank of Scotland, First Direct, Halifax and Tesco Bank are among the first UK banks to upgrade their mobile banking apps to be compatible with the new iPhone facial recognition software.