Tesco Bank has increased the interest rates on its Fixed Rate Saver products. The increases to the one-year, two-year and three-year Fixed Rate Savers mean customers can benefit from some of the best fixed rates in the market. The one-year Fixed Rate Saver increases to 3.5 per cent, the two-year and three-year Fixed Rate Savers [...]
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Confidence jumps to nine month high
Nationwide Building Society has released its Consumer Confidence Index for March 2012. Robert Gardner, Nationwide’s chief economist, said: “Much of the survey-based data has painted a more upbeat picture of the UK economy than official data in recent months – March’s Consumer Confidence index continues that trend. The main Index jumped nine points in March, [...]
Brits find fine dodging fine
New research reveals that one in 10 sneaky Brits (10 per cent) have been caught parking illegally in the past year hoping to dodge a fine or parking warden. The study by Sheilas’ Wheels car insurance found that one in twelve Brits (eight per cent) have successfully appealed a fine in which they knew they [...]
UK’s cheapest line rental gets even cheaper
Primus has cut costs further on its Line Rental Saver package to £6.29 per month. The package, which is the cheapest in the UK, could cut annual line rental bills by over £90. This deal is available through Homephonechoices.co.uk. Offering evening & weekend calls at 2p per minute and daytime calls at 7.4p per minute, [...]
Sainsbury’s Bank increases rate to 2.90 per cent on its eSaver
Sainsbury’s Bank has increased the interest rate on its online easy access savings account, eSaver Special, from 2.75 per cent Gross AER (variable) to 2.90 per cent Gross AER (variable). This non-bonus variable rate product means that customers don’t need to worry about switching their account in 12 months time and yet still receive a [...]
L&G launches Junior ISA
Legal & General Investments, one of the UK’s largest investment providers, has announced the details of its stocks and shares Junior ISA. There are three options for parents to choose from when saving for a child, spanning the range in risk appetite to meet different investors’ needs: Responds to the markets (Legal & General Multi [...]
Chelsea launches new cash ISA
Investors looking for a tax-free home for their savings can snap up a new cash ISA from Chelsea Building Society, paying a return of 3.20 per cent gross/AER. The fixed rate ISA matures on 31st May 2013 and is available in branch, by telephone and online. “We hear from customers that they are looking for [...]
N&P launches online savings account
Norwich & Peterborough Building Society (N&P) is launching a new issue of its E-Saver Account, offering a competitive variable rate of 2.50 per cent gross/2.00 per cent net/2.50 per cent AER. Unlike many headline-grabbing savings products, the account doesn’t carry a short-term bonus interest rate or involve complicated conditions and is suitable for savers no [...]
Parents are forgoing pension savings to pay for adult children
The average parent is forgoing a pension pot of £38,500 in order to financially support each child who is 18 and over, according to research from Standard Life. The research finds that parents are supporting their children post 18 for expenses such as university costs, debts, weddings, house deposits and other general finances. On average, [...]
Charity warns on telephone contracts
Debt advice charity the Money Advice Trust is reporting that its National Debtline has seen a sharp rise in calls from people with debts for their phone. In 2007 the debt advice helpline took 5,830 calls from people with telephone debts – representing 3.9 per cent of all calls, but last year that figure had [...]
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