Skip to main content

Savings

Savings

Posted Wed, 10/03/2010 - 06:33

UK savers continue to be ignored.

UK savers continue to be ignored.

Tuesday 9th March 2010

In a sign of the times it has been revealed that savings rates in the UK continue to fall even though the government and various consumer groups have attempted to place pressure upon the financial sector. The top rate for an instant access ... Full Story>>

Posted Mon, 08/03/2010 - 07:02

UK government willing to be flexible on Icelandic debt

UK government willing to be flexible on Icelandic debt

Sunday 7th March 2010

After the result of the Icelandic referendum on the debt repayment scheme for the UK government and the Netherlands government was announced, delivering a resounding "no" vote, the UK authorities have stepped forward with a proposed ... Full Story>>

Posted Mon, 08/03/2010 - 06:00

Icelandic repayment package rejected by voters

Icelandic repayment package rejected by voters

Sunday 7th March 2010

The Icelandic referendum on the repayment package to the UK and the Netherlands authorities has delivered a resounding no vote which now puts the Icelandic authorities in a very difficult situation. The multibillion pound loan provided by the ... Full Story>>

Posted Fri, 05/03/2010 - 23:04

Icelandic authorities walk away from debt talks

Icelandic authorities walk away from debt talks

Friday 5th March 2010

It has been revealed that the Icelandic authorities have walked away from talks with the UK government and the Netherlands government with regards to the collapse of the Icelandic banking system back in 2008. It was just after this event that ... Full Story>>

Posted Fri, 05/03/2010 - 06:02

When will UK base rates begin to rise?

When will UK base rates begin to rise?

Thursday 4th March 2010

UK base rates were today frozen at 0.5% by the Bank of England MPC, a move which was fully expected by analysts in the UK. However, many savers in the UK are struggling to survive on their vastly reduced incomes from their savings pots and ... Full Story>>

Posted Thu, 25/02/2010 - 06:27

Will Northern Rock savers jump ship?

Will Northern Rock savers jump ship?

Wednesday 24th February 2010

As we mentioned earlier today, the UK government’s 100% guarantee on deposits held with Northern Rock will be lifted on the 24th of May as the "good bank" is positioned for sale to the private sector. The lifting of the 100% guarantee has been ... Full Story>>

Posted Wed, 24/02/2010 - 17:42

Northern Rock savers to lose savings guarantee

Northern Rock savers to lose savings guarantee

Wednesday 24th February 2010

Northern Rock savers will lose their 100% guarantee in May as the UK government readies the company for a return to the private sector. This 100% guarantee on savings with the company was introduced at the height of the financial crisis when ... Full Story>>

Posted Tue, 16/02/2010 - 22:50

Rise in inflation is bitter blow for UK savers

Rise in inflation is bitter blow for UK savers

Tuesday 16th February 2010

Today's announcement that UK inflation spiked to 3.5% in January, against 2.9% in December, is another bitter blow for UK savers reducing the real spending power of their nest eggs. While UK base...

Full Story>>

Posted Wed, 10/02/2010 - 09:54

Government set to strip Northern Rock of 100% savings guarantee

Government set to strip Northern Rock of 100% savings guarantee

Wednesday 10th February 2010

In a further move towards a return to the private sector it has been revealed that the UK government is set to withdraw the 100% guarantee for savers with Northern Rock. This guarantee was...

Full Story>>

Posted Wed, 10/02/2010 - 08:18

Mervyn King downbeat on UK savings rates

Mervyn King downbeat on UK savings rates

Wednesday 10th February 2010

Today's report by the Bank of England covered a multitude of different subjects offering advice and forecasts for each and every part of the UK economy. While we have covered many of the headline...

Full Story>>