Consumers are being alerted to a new savings account aimed at helping them save for next Christmas and avoid falling into debt.
Tag: Interest Rates
This Is Money: Bank Was Unanimous On Rate-hold
All nine members of the Bank of England's Monetary Policy Committee voted to keep interest rates at 5% this month but they were split over the balance of risks to the inflation outlook
MoneyExpert: Doorstep Lenders Have Their Place, Says Expert
Despite the negative reputation and poor publicity they suffer, doorstep lenders do serve a useful purpose for some people, an industry expert has said.
This Is Money: House Prices ‘steady’ But Set To Rise
House prices reached a plateau in November with rising interest rates failing to deter buyers according to a report released today
MoneyExpert: UCB: 85% Say House Price Growth Will Continue
Those looking to secure a niche mortgage are being alerted to news that 85 per cent of brokers believe house prices in will continue to grow in the next year.
This Is Money: Banks’ £200m Christmas Cash-in
Banks could take an extra £200m from Christmas shoppers this year after raising their charges and interest rates, an investigation has found
Scotsman: RBS Festive Bond Promises A Summer Payout
ROYAL Bank of Scotland is launching a limited-edition Christmas savings bond with an interest rate of 5.3%.
Scotsman: Soap Box
A COMBINATION of high energy prices and rising interest rates appears likely to moderate GDP growth in the developed economies and, to some extent globally, in the coming years.
This Is Money: Banks Squeeze Borrowers
Banks are increasing their profits at the expense of consumers by raising interest rates on mortgages but not doing the same for savers
MoneyExpert: Abbey: People Could Do More To Improve Finances
Some 57 per cent of Britons have had their current account for ten or more years, which could mean they are missing out on the possibility of more competitive rates.