Breaking news
Dismay for 25million savers as NS&I slashes rates as low as 0.6% – and halves monthly winners of £50 and £100 prizes on Premium Bonds From May an estimated 13,448 £50 and £100 prizes will be handed out This is half as many as were given out in the recent draw Overall there will be … Read more
The drumbeat for a cut in interest rates is building, with money markets betting on a reduction as soon as January 30 when the Monetary Policy Committee meets. Some 62 per cent of traders have placed deals which point to a quarter of a percentage point cut in the bank rate to 0.5 per cent. This … Read more
Savers face more misery as interest rate cut looms… but mortgages could get EVEN cheaper By Hugo Duncan for the Daily Mail Published: 21:52 GMT, 15 January 2020 | Updated: 21:52 GMT, 15 January 2020 Long-suffering savers are braced for a further hit to their nest eggs as pressure mounts on the Bank of England … Read more
Woodford management firm ‘let savers down’ by failing to raise alarm earlier, says former City minister By Daily Mail City & Finance Reporter Published: 21:50 BST, 13 January 2020 | Updated: 21:50 BST, 13 January 2020 The fund services business which oversaw Neil Woodford’s doomed investment empire is under fire for failing to adequately protect … Read more
Fresh blow for trapped Woodford savers: Payouts from gated flagship fund delayed for a further ten days By Lucy White For The Daily Mail Published: 21:51 GMT, 10 January 2020 | Updated: 09:39 GMT, 11 January 2020 Savers trapped in Neil Woodford’s flagship fund have been hit with a further setback after finding out they … Read more
Savers who back Neil Woodford-style funds face crackdown on withdrawals under Bank of England proposals By Lucy White For The Daily Mail Published: 21:50 GMT, 16 December 2019 | Updated: 22:58 GMT, 16 December 2019 Investors in Neil Woodford-style funds may have to wait or accept a discount if they want to pull their money … Read more
Savers abandon property funds at the greatest rate since the Brexit vote more than three years ago By Daily Mail City & Finance Reporter Published: 21:51 BST, 12 December 2019 | Updated: 21:51 BST, 12 December 2019 Property funds have seen the biggest weekly exodus since the Brexit vote more than three years ago, as … Read more
We publish our podcast every Friday to the player on This is Money, above, and on Apple Podcasts (iTunes) and on the podcast platforms Audioboom and Acast, both of which allow you to listen on desktop, mobile, or download an app. We also now publish to Spotify. To download the Apple Podcasts app if you … Read more
You can still get a 1.5% savings rate despite the Marcus cut, but there’s an ill wind blowing for savers, says SIMON LAMBERT By Simon Lambert for Thisismoney.co.uk Published: 06:00 BST, 5 September 2019 | Updated: 08:48 BST, 5 September 2019 Whether a 1.5 per cent savings rate can fall under the banner of all … Read more
Preventing savers from accessing their cash from frozen funds could be the ‘biggest risk’ facing UK, IMF warns By Helen Cahill For The Mail On Sunday Published: 09:10 BST, 25 August 2019 | Updated: 09:10 BST, 25 August 2019 A leading economist has warned that an inability for savers to cash in their investments in … Read more