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UK Savings & ISA news

UK savings & ISA news. Trends, new products and rate changes. Brought to you by the Moneyfactscompare.co.uk editorial team. Compare savings accounts and subscribe to our email newsletter for weekly updates.

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Latest savings news

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The best UK savings rates this week

14th August 2025

Each week the Moneyfactscompare.co.uk content team round up and discuss the very best savings rates available in the UK. Compare and apply today.

Easy access savings rates suffer in the week following the base rate cut.

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Moneyfacts pick of the week

14th August 2025

The Moneyfacts Pick of the Week showcases the best of the latest products or rate changes to hit the consumer finance market.

This week's selection features a competitive one-year ISA from Vida Savings and a reduced two-year fixed mortgage from Santander.

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Has your savings provider passed on the most recent base rate cut?

13th August 2025

More than 20 banks and building societies have already made cuts to their variable savings accounts after the Bank of England lowered the base rate last week.

More than 20 banks and building societies have already made cuts to their variable savings accounts after the Bank of England lowered the base rate last week.

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The best cash ISAs this week

12th August 2025

Several providers cut rates as ISAs remain popular among savers.

Market-leading easy access ISA rate falls following last week’s base rate reduction.

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Many top fixed rate bonds continue to fall in August

8th August 2025

Multiple fixed bond sectors saw top rates drop in the month to August. Amid a falling base rate, find what this could mean for your savings.

Multiple fixed bond sectors saw top rates drop in the month to August. Amid a falling base rate, find what this could mean for your savings.

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Bank of England cuts base rate to 4.00% despite higher-than-expected inflation

7th August 2025

The base rate fell to 4.00% in August after the Bank of England’s Monetary Policy Committee narrowly voted in favour of a cut. Find out why and what it means for your money.

The base rate fell to 4.00% in August after the Bank of England’s Monetary Policy Committee voted in favour of a cut.

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Over £100 million in Premium Bond prizes left unclaimed: Are you a lucky winner?

5th August 2025

With £100 million in Premium Bonds waiting to be claimed, it’s not too late to check if you're a lucky winner of one of these tax-free cash prizes.

With £100 million in Premium Bonds waiting to be claimed, it’s not too late to check if you're a lucky winner of one of these tax-free cash prizes.

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ISA deposits surge by £3.6 billion in June following reform concerns

29th July 2025

The latest Money and Credit report revealed an extra £3.6 billion was deposited into ISAs in June, as mortgage borrowing and approvals also rose. Find out more.

The latest Money and Credit report revealed an extra £3.6 billion was deposited into ISAs in June, as mortgage borrowing and approvals also rose.

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NS&I raises rates on its one-year bonds, but how competitive are they?

24th July 2025

NS&I makes a welcome increase to its one-year fixed savings bonds after recently cutting returns across some of its other products.

NS&I makes a welcome increase to its one-year fixed savings bonds after recently cutting returns across some of its other products.

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Neglected generation of savers have paid the price for low rates, as £1 saved in 2020 now worth 89p

23rd July 2025

Many will have lost money in real terms as savings accounts fail to keep up with inflation.

Many will have lost money in real terms as savings accounts fail to keep up with inflation.

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Inflation unexpectedly rises to near 18-month high in June

16th July 2025

The annual rate of UK inflation rose unexpectedly to 3.6% in June; the last time it was higher was in January 2024.

The annual rate of UK inflation rose unexpectedly to 3.6% in June; the last time it was higher was in January 2024.

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Average variable savings rates sink to two-year low

14th July 2025

In unfortunate news for savers, average variable savings rates sunk to a two-year low after falling month-on-month in July. Find out what this means for your money.

In unfortunate news for savers, average variable savings rates sunk to a two-year low after falling month-on-month in July.

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Chancellor pauses plans to reform the cash ISA allowance, for now

11th July 2025

Amid backlash surrounding news of a potential cut, the cash ISA allowance seems set to remain the same for the time being.

Amid backlash surrounding news of a potential cut, the cash ISA allowance seems set to remain the same for the time being.

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Warning for millions of consumers who will see their tax-free savings allowance halved

8th July 2025

Savers are being urged to make the most of their annual ISA allowance.

Savers are being urged to make the most of their annual ISA allowance.

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Best short-term fixed savings rate makes biggest jump in almost a year

8th July 2025

Nevertheless, those coming to the end of a competitive two-year fixed deal could lose out on almost £350 in interest when they reinvest.

Nevertheless, those coming to the end of a competitive two-year fixed deal could lose out on almost £350 in interest when they reinvest.

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Win up to £100,000 with these alternatives to NS&I’s Premium Bonds

7th July 2025

You don’t have to sacrifice interest for the chance to win big!

You don’t have to sacrifice interest for the chance to win big!

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New issues of NS&I’s British Savings Bonds now on sale: How do they fare?

3rd July 2025

The Government-backed brand is also poised to lower the rate paid by its Junior ISA.

The Government-backed brand is also poised to lower the rate paid by its Junior ISA.

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Cash ISA allowance expected to be cut: What can you do?

1st July 2025

After months of rumours, a cut to the cash ISA allowance seems to be on the cards. What could this mean for savers?

After months of rumours, a cut to the cash ISA allowance seems to be on the cards.

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Is your loyalty costing you? Keeping the same savings account may come at a price

30th June 2025

Savers who don’t switch their savings could be missing out, as average rates on closed accounts have paid less than the average open account for three years.

Savers who don’t switch their savings could be missing out, as average rates on closed accounts have paid less than the average open account for three years.

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More than seven million people projected to pay higher-rate tax in 2025/26: The impact on savings

26th June 2025

Those being dragged up the tax ladder will see their Personal Savings Allowance slashed and might be at risk of paying tax on interest accrued.

Those being dragged up the tax ladder will see their Personal Savings Allowance slashed and might be at risk of paying tax on interest accrued.

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Are Premium Bonds still worth it? NS&I announces latest prize fund cut

25th June 2025

National Savings and Investments (NS&I) announced its latest prize fund rate cut for the August Premium Bonds draw. Find out if these accounts are still worth your hard-earned cash.

National Savings and Investments (NS&I) announced its latest prize fund rate cut for the August Premium Bonds draw.

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Bank of England applies brakes and holds base rate at 4.25%

19th June 2025

As inflation remains well above the Bank’s 2% target. Find out what this means for your savings and mortgage:

As inflation remains well above the Bank’s 2% target. Find out what this means for your savings and mortgage:

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Marginal relief for consumers as inflation eases to 3.4%

18th June 2025

UK inflation fell marginally to 3.4% in May 2025, after rising to 3.5% in April. Read on to find out what this could mean for your money.

UK inflation fell marginally to 3.4% in May 2025, after rising to 3.5% in April.

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Record number of providers offer savings accounts: Is it time you found a new home for your cash?

16th June 2025

Savers have a record number of accounts and providers to consider but rising inflation and base rate reductions threaten returns. With this in mind, is it time you found a new home for your hard-earned cash?

Savers have a record number of accounts and providers to consider; is it time you found a new home for your cash?

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Popular news from the archive

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Four in ten savers already using savings to combat cost of living crisis

11th May 2022

Four in ten savers have been forced to use their savings account to help cope with the rising cost of living over the past 12 months. This is according to Yorkshire Building Society and the Centre for Economics and Business Research’s Inflation Nation report, which was released today.

Four in ten savers have been forced to use their savings account to help cope with the rising cost of living over the past 12 months.

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Islamic banks underused despite market-leading savings products

27th July 2019

The Islamic Finance Consumer report 2019 from Gatehouse Bank has revealed that nearly half of all Muslim consumers have never used a sharia-compliant bank

The Islamic Finance Consumer report 2019 from Gatehouse Bank has revealed that nearly half of all Muslim consumers have never used a sharia-compliant bank

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Investing ethically pays dividends for savers

27th July 2020

Ethical funds are consistently achieving better levels of growth than their non-ethical equivalents according to a study revealed by Moneyfacts today

Ethical funds are consistently achieving better levels of growth than their non-ethical equivalents according to a study revealed by Moneyfacts today

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ISA season returns with biggest rises seen in a decade

19th April 2022

After a lengthy absence, ISA season is back around the end of a tax-year with the market seeing the highest uplift in average rates month-on-month in a decade. Those savers who are comparing deals to utilise their 2022/23 allowance will find much better rates on average compared to a month ago, both for variable and fixed ISAs, according to the latest Moneyfacts Savings Treasury Report.

After a lengthy absence, ISA season is back around the end of a tax-year with the market seeing the highest uplift in average rates month-on-month in a decade.

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£300 billion of savings lies in accounts paying a rate of 0.1% or less

5th August 2022

Over £300 billion worth of savings is still sitting in accounts offering a rate of 0.1% or less, according to research released by Paragon Bank and CACI, a data company, yesterday.

Over £300 billion worth of savings is still sitting in accounts offering a rate of 0.1% or less, according to research released by Paragon Bank and CACI.

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Bank of England make biggest base rate increase in 27 years

4th August 2022

The Bank of England (BoE) has voted to increase the base rate by 50 basis points today, the highest increase in 27 years. It now means the base rate stands at 1.75%.

The Bank of England (BoE) has voted to increase the base rate by 50 basis points today, the highest increase in 27 years.

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Only Half of Savings Accounts Beat the Base Rate

14th March 2022

Just over half the savings accounts on the market deliver interest rates that can beat the Bank of England base rate, Moneyfactscompare.co.uk can reveal. The findings come from the latest Moneyfacts UK Savings Trends Treasury Report which shows that the number of savings accounts paying interest above the base rate of 0.5% is just 912. This is 55% of the total number of savings products on the market, and the lowest count since 2008. It also represents a significant drop of 12% from just a month ago, and is the largest percentage fall since Moneyfacts’ records began in 2007.

Just over half the savings accounts on the market deliver interest rates that can beat the Bank of England base rate, Moneyfactscompare.co.uk can reveal.

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Half of UK adults shun financial advice

6th November 2019

The new ‘What’s your Number’ report from international financial services group Sanlam Ltd, has revealed that nearly half (48%) of all British adults have never taken financial advice.

The new ‘What’s your Number’ report from international financial services group Sanlam Ltd, has revealed that...

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