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Top of the chops: Which banks are making bigger rate cuts than the Bank of England?

Friday, 19 August 2016 | News

Eleven banks and building societies have slashed rates on one-year savings accounts by more than the Bank of England’s recent base rate cut, according to analysis by Moneywise.

Seven in 10 Moneywise users would use P2P lending to boost savings

Thursday, 18 August 2016 | News

Seven in 10 (71%) users would consider using peer-to-peer (P2P) lending in a bid to earn higher returns on savings, our latest poll results reveal.

Deal of the week: Fed up with overdraft fees? This could be the account for you

Wednesday, 17 August 2016 | News

Every week Moneywise’s product researcher Tom Wilson picks out his favourite deal. This week – Virgin Money’s genuinely fee-free current account.

Savings update: find out which banks have cut their savings rates

Tuesday, 16 August 2016 | News

Banks and building societies have been busy cutting rates since the Bank of England cut base rate to 0.25% earlier this month.

Doubts over Lifetime Isa launch

Monday, 15 August 2016 | News

The Lifetime Isa (Lisa), which is set to launch in April 2017, is in doubt following industry providers' warnings that too little detail has been provided by the government for them to launch the new Isa on time.

Double blow to 123 account holders as Santander announces rate cut and overdraft fees hike

Monday, 15 August 2016 | News

Santander customers have been hit with a double blow as the bank has announced it will cut the interest rate on its flagship 123 account from 1 November, while it will also hike its overdraft fees in early 2017.

Will interest rates stay low forever?

Wednesday, 10 August 2016 | News

It has been more than seven years since interest rates hit rock-bottom, and the consensus view following last week's cut to 0.25 per cent is that the general direction of travel has now changed to 'lower forever' as opposed...

Overdraft fees to be capped in current account market shake-up

Tuesday, 09 August 2016 | News

Consumers are being stung with unauthorised overdraft charges totalling £1.2 billion a year, according to a two-year investigation into the current account market by the competition watchdog published today.

Savings update: rates to continue to topple after interest rates are slashed

Tuesday, 09 August 2016 | News

Savers can expect to see their rates cut from next month following the fall in Bank of England base rate from 0.5% to 0.25% announced last week.

Bank of England cuts base rate to 0.25%: what it means for your finances

Thursday, 04 August 2016 | News

In a long-expected move, the Bank of England (BoE) has today announced a cut to the UK base rate, taking it from 0.5% to 0.25% - the lowest it’s ever been.