October 2019 News Archive

Many savers have money deposited in long-forgotten savings accounts and could be suffering from low interest rates as a result

Many savers have money deposited in long-forgotten savings accounts and could be suffering from low interest rates as a result

The Financial Conduct Authority (FCA) has announced changes have been made to lending rules that are designed to help mortgage prisoners, while last month the Government made changes to its Help to Buy equity loan scheme

The Financial Conduct Authority (FCA) has announced changes have been made to lending rules that are designed to help mortgage prisoners

Barclays has reversed its controversial decision to no longer accept over-the-counter cash withdrawals at the Post Office.

In order for workers to enjoy a comfortable retirement that includes holidays abroad, a generous clothing allowance and a car they will need to have saved enough for a £33,000 per year income

In order for workers to enjoy a comfortable retirement they will need to have saved enough for a £33,000 per year income

British workers are underestimating their life expectancy resulting in them not saving enough for their retirement, new research by Scottish Widows reveals.

British workers are underestimating their life expectancy resulting in them not saving enough for their retirement, new research by Scottish Widows reveals.

Credit card spending is up by 6.4% year-on-year, with a total of £17.9bn spent during July 2019 alone, recent data from UK Finance reveals

Credit card spending is up by 6.4% year-on-year, with a total of £17.9bn spent during July 2019 alone, recent data from UK Finance reveals

Now that we are in the midst of the autumn ISA season, this is traditionally a time for savers to start hunting around for a good ISA deal, however, as the collapse of London Capital & Finance (LCF) earlier this year showed, savers need to be careful that they are not risking their savings by depositing money into a high-risk ISA

Now that we are in the midst of the autumn ISA season, this is traditionally a time for savers to start hunting around for a good ISA deal,

Throughout 2019, the savings market has not been particularly good for savers and competition across much of the market has declined

Throughout 2019, the savings market has not been particularly good for savers and competition across much of the market has declined

From January 2020, Barclays customers will no longer be able to withdraw money at Post Office branches

From January 2020, Barclays customers will no longer be able to withdraw money at Post Office branches

Coventry Building Society is now offering the top rate of interest for an easy access ISA by launching its Limited Access ISA.

Coventry Building Society is now offering the top rate of interest for an easy access ISA by launching its Limited Access ISA. The building society joins Yorksh

It’s 1989, the Berlin Wall has come down and the Bank of England base rate is 14.88%. A new bank called first direct is launched by Midland Bank. It is the first telephone bank in the UK and allows consumers to bank at a time and a place convenient to them using their phone. It's launching principle is to ‘pioneer amazing service’.

It’s 1989, the Berlin Wall has come down and the Bank of England base rate is 14.88%. A new bank called first direct is launched by Midland Bank. It is the firs