Expect savings rates to tumble soon

Expect savings rates to tumble soon

The banking rescue package and the 0.5% base rate cut will spell bad news for savers. Lock into a fixed rate savings deal now.


Latest articles from Savings

B&B rescue could impact on savers - 29/09/08

Anyone holding savings in both Abbey and Bradford & Bingley will now be covered by just one £35,000 guarantee.

Keep within the safety zone - 24/09/08

The banking panic last week didn’t lead to queues and withdrawals. But you’d do well to ensure that your cash is protected.

Brits fail to budget properly - 02/09/08

Four in five British adults are drawing up budgets in a bid to regain control of their finances, but 42% regularly overspend by an average of £123.

How to make 16.5% in three years - 02/09/08

You probably think regular savings accounts paying high interest rates are worthy but dull. But use one of these accounts to recycle your existing savings and you can clock up a healthy 16.5% in just three years.

Savers lose £600 million in ISA trap - 28/08/08

Over 10 million Britons with cash in ISAs are currently losing over £600 million each year...

Inflation is here to stay - 21/08/08

The Governor of the Bank of England says that tough monetary policy will bring inflation down from 5% to 2% over the next two years. He is dreaming. Act now to protect yourself.

Earn 6.85% on your savings – with access - 12/08/08

The rates on this fixed rate bond are fairly impressive, and you can make one withdrawal without incurring a penalty.

Go camping to beat the crunch - 12/08/08

A record rise in the number of people taking camping holidays in the UK is one result of the credit crunch.

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