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M&S wants its new instant access ISA to be your favourite

The new instant access ISA from Marks & Spencer is angling to become the favourite of savers in the UK, thanks to its bonus-free interest rate of 3 per cent.

Inflation rate drops to 3.6 per cent, savers rejoice

Savers finally have a reason to celebrate, as the announcement that the consumer prices index has dropped to 3.6 per cent last month means that, for the first time in a long time, many savings accounts are actually offering real gains in their interest rates.