Rumour has it that the nation’s inflation rate is going to persist in staying above 3 per cent for the remainder of 2012 – news that has made savers gnash their teeth and rend their garments in frustration.
Tag Archives: ISAs
Savers fight against inflation, deposit heavily into ISAs
In order to combat their fears against rampant inflation, savers have begun to invest more heavily into ISAs and other high interest savings accounts.
Many Brits cannot grow their savings account pots
Financial analysts have recently said that many Brits cannot currently grow their savings account pots, despite how important it is to put money away towards the future.
Brits warned to increase the use of savings accounts
According to a recently released report conducted by Standard Life, a culture that offers encouragement to consumers to develop and grow their savings accounts should be a requirement for the country. As a result, the savings and investments company has issued a warning to consumers in the UK that they need to adjust their attitude towards saving for the future or risk facing a so-called “perfect storm” of financial crisis.
Men more likely to open savings accounts says Bank of Scotland
The Bank of Scotland recently announced its commission of a research study that has discovered that Scottish males have a higher propensity for opening savings accounts in comparison with their female counterparts.
Online banking customers privy to best rates
UK banking customers who utilise their finance provider’s online banking programmes are the ones most likely to have access to the best banking options, according to newly released research conducted by Which? magazine.
Savings accounts beginning to swell, says Post Office
The Post Office has recently released findings that many UK savers are beginning to sock money away for a recession-free future, using their savings accounts to begin to grow their nest eggs by depositing a small amount into them on a monthly basis.
Legal & General offering cash incentive to switch ISAs
As switching ISAs in order to shop for the best rate of return is becoming more common in today’s current economic climate, one UK financial services provider, Legal & General, has begun to offer a cash incentive in order to entice consumers to switch to one of their financial products.
Bank of Baroda to launch ISAs this year
Finance website This Is Money recently reported that international Indian finance institution the Bank of Baroda is set to begin issuing its first ever ISAs by the end of this coming year.
UK Fixed-rate bond market heats up
The race to top the best buy tables has recently heated up with several new banks and building societies offering new fixed-rate bonds to its customers in a bid for more market share.
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