Tag: interest rates
Giant sculpture in Canary Wharf warns Brits of the pitfalls of ‘sleeping savings’
The ‘sleeping giant’ has been installed as a metaphor for the £1.3 trillion of UK savings that are languishing in low interest accounts …
Pensioners annuity update after surge caused by Bank of England interest rates
An annuity is a financial product that provides a guaranteed income for life in exchange for a lump sum payment …
Mortgage brokers predict interest rate hikes
This comes despite the Bank of England reducing interest rates three times in recent months. …
Nationwide defends credit card rate hike amid allegations of ‘rampant profiteering’
Customers on lower-rate deals will see their interest jump …
Bank of England warned rate cuts could unleash new inflation nightmare
Inflation jumped to 3% in January – higher than expected – and could climb to 4% or more …
Premium Bonds lower rates again as prize fund drops
The odds of winning the NS&I Premium Bond draw will stay the same but the amount of smaller prizes will fall. …
Bank expert issues date warning as ‘you could lose interest payments’
The Bank of England has reduced the base interest rate again …
How a simple trick could save you money on your mortgage repayments
Each lender has its own rules, so always confirm any changes with your lender before making adjustments …
Warning to savers with Santander and Yorkshire Building Society accounts
Savers with accounts at Santander and Yorkshire Building Society will earn less from their cash following the Bank of England rate change. …
Urgent warning to millions of UK households on one type of mortgage
Brits on fixed-rate mortgage deals could secure lower repayments if their term ends this year. …
