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March 2024 News Archive

Explore our archive of financial news, savings, mortgages and personal finance articles published in March 2024. Browse articles below for key developments, expert analysis and insights from the month.

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March 2024 News

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Average cost of borrowing on loans and credit cards edges higher

28th March 2024

The average APR on unsecured loans and credit cards rose in the first three months of 2024, while the number of lenders and card providers fell.

The average APR on unsecured loans and credit cards rose in the first three months of 2024, while the number of lenders and card providers fell.

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Limited time only: first direct relaunches £175 current account switching incentive

26th March 2024

Customers only have until 22 April to take advantage of this deal, unless it’s withdrawn sooner.

Customers only have until 22 April to take advantage of this deal, unless it’s withdrawn sooner.

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Bank of England base rate unchanged at 5.25% for fifth consecutive time

21st March 2024

High interest rates prove effective as inflation slows significantly.

High interest rates prove effective as inflation slows significantly.

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Plum launches market-leading easy access ISA

20th March 2024

Plum’s newly launched Cash ISA pays a market-leading rate of 5.15% AER on balances over £100. Find out more details here.

Plum’s newly launched Cash ISA pays a market-leading rate of 5.15% AER on balances over £100.

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February inflation at lowest level in over two years

20th March 2024

The rate of inflation slowed to 3.4% in February 2024, the lowest it’s been since September 2021. Find out what this means for your savings.

The rate of inflation slowed to 3.4% in February 2024, the lowest it’s been since September 2021.

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Santander launches £185 current account switching incentive: How does it compare?

19th March 2024

The switching deal applies to four of Santander’s current accounts, which suit a variety of needs.

The switching deal applies to four of Santander’s current accounts, which suit a variety of needs.

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Mortgage deals available for an average of just 15 days

14th March 2024

The average shelf-life of a mortgage product saw a month-on-month drop from 28 days to 15 days. Meanwhile, average fixed mortgage rates edged upwards.

The average shelf-life of a mortgage product saw a month-on-month drop from 28 days to 15 days.

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HSBC offers a £220 switching bonus to new customers

12th March 2024

Customers could receive up to £220 by switching their current account to HSBC and opening a savings account. Find out more details here.

Customers could receive up to £220 by switching their current account to HSBC and opening a savings account.

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Spring Budget 2024: A British ISA, new bonds from NS&I and further cuts to National Insurance

7th March 2024

The Chancellor of the Exchequer, Jeremy Hunt, delivered his Spring Budget to the House of Commons yesterday. It’s anticipated to be one of the Government’s last fiscal events before a General Election takes place in less than a year’s time. Find out what some of the measures announced mean for your finances.

Find out what some of the measures announced in the 2024 Spring Budget mean for your finances.

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Average mortgage product fees rise to £1,141

5th March 2024

Average mortgage product fees rise to £1,141 while the proportion of deals offering cashback and other incentives drops.

Average mortgage product fees rises £46 in one year to £1,141.

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UK’s biggest banks fail to keep up with top savings rates

4th March 2024

The UK’s big high street banks are failing to offer competitive rates on their savings accounts, with other providers offering significantly higher returns.

The UK’s big high street banks are failing to offer competitive rates on their savings accounts.

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