Could Interest Rates Be Static For Another 9 Months?

A recent poll of financial experts shows that on the whole, many do no expect the base rate to be raised above 0.5% before October. The Reuters survey of 62 economists showed that none of them expected the Bank of England to change the base rates when it meets this week, and only 30% of [...]

Britain Would Rather Use The Matress Than A Bank

4% of people surveyed in a poll by the Financial Services Compensation Scheme (FSCS) have admitted to stashing at least £1,000 in hiding holes at home, rather than banking the money! The FSCS was conducting a poll as it tries to raise awareness of the security of keeping money in the bank, now that each [...]

Whilst interest rates are low…

It is no great secret that interest rates are at an all time low and have been there for some time. This means that the banks are also giving us less return on our savings. And this is a very bad thing. If you look around at the interest rate that you are being paid, [...]

Post Office savings now covered by the UK FSCS

Savings accounts and bonds in the Post Office are, as of today, covered by the UK’s Financial Services Compensation Scheme. Previously these deposits had been covered by the Irish version of the scheme, as the money is saved within the Bank of Ireland. But a change that takes place today moves the deposits to a [...]

Your ISA will be able to save more from next year

It has been announced that maximum that you can save into your ISA from next April will increase by slightly more than originally planned. The government had promised to increase the maximum that a person can add to an ISA each year according to September’s measure of retail price index (RPI) inflatio. However, this would [...]

Saving Money On Glasses

If you are a wearer of spectacles, then replacing them can cost a lot of your hard earned cash. But, did you know there is a cheaper way of getting the same quality frames? If you go to the high street and call into the nearest opticians when you want to replace your eyewear, then [...]



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