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March 2023 News Archive

Explore our archive of financial news, savings, mortgages and personal finance articles published in March 2023. Browse articles below for key developments, expert analysis and insights from the month.

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March 2023 News

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Savings rates climb as easy access ISA breaches 2%

29th March 2023

Variable rates have risen for the past 13 consecutive months - the first time on Moneyfacts’ records.

Variable rates have risen for the past 13 consecutive months - the first time on Moneyfacts’ records.

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High street banks on the defensive after Parliament probe

27th March 2023

Three of the four banks wouldn’t disclose revenue generated through savings accounts.

Three of the four banks wouldn’t disclose revenue generated through savings accounts.

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Considering a retirement U-turn? Here are three important things to know

24th March 2023

If you're thinking of returning to work here are three things to consider.

If you're thinking of returning to work here are three things to consider.

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Bank of England makes 11th consecutive base rate rise

23rd March 2023

At 4.25%, interest rates were last higher in October 2008.

At 4.25%, interest rates were last higher in October 2008.

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Inflation unexpectedly jumps to 10.4% after February salad shortage

22nd March 2023

It’s the first rise after three consecutive months of decline.

It’s the first rise after three consecutive months of decline.

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first direct adds to first-time buyer competition

21st March 2023

The retail banking division of HSBC has reduced the rates on more than 30 of its fixed mortgages.

The retail banking division of HSBC has reduced the rates on more than 30 of its fixed mortgages.

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Fixed mortgage average rates at a six-month low

21st March 2023

The average two- and five-year fixed rate mortgages are at a six month low, according to Moneyfacts data.

The average two- and five-year fixed rate mortgages are at a six month low, according to Moneyfacts data.

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Spring Budget 2023: Lifetime Allowance scrapped

15th March 2023

How does the Spring Budget affect you?

How some of the measures announced in the Spring Budget could affect you.

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Loyalty costs savers, as banks questioned on rates

13th March 2023

Some of the UK’s biggest banks are still paying less than 1% on their easy access deals.

Some of the UK’s biggest banks are still paying less than 1% on their easy access deals.

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We’ve launched our first ever TV commercial

13th March 2023

For the first time in its 35-year history, Moneyfacts has launched a national TV commercial. 

For the first time in its 35-year history, Moneyfacts has launched a national TV commercial. 

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How has the housing market changed in a post-pandemic world?

2nd March 2023

Could higher house prices and mortgage rates be here to stay?

Could higher house prices and mortgage rates be here to stay?

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Buy-to-let choice recovers from market turmoil

1st March 2023

Overall buy-to-let mortgage availability has now returned to its highest count since last July.

Overall buy-to-let mortgage availability has now returned to its highest count since last July.

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NatWest launches £200 current account switching offer

17th February 2023

Cash incentive comes as high street bank also ups the rate on its Digital Saver to 6.17% AER.

Cash incentive comes as high street bank also ups the rate on its Digital Saver to 6.17% AER.

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Paragon Bank makes market-leading easy access increase

10th February 2023

Paragon Bank’s Triple Access Account pays 3.10% AER, but will drop to 0.75% AER if you make four or more withdrawals in a 12-month period.

Paragon Bank’s Triple Access Account pays 3.10% AER, but will drop to 0.75% AER if you make four or more withdrawals in a 12-month period.

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