Personal Finance News

18 Sep

The UK has lost £1.6 billion to fraudsters and cyber criminals this year

New research from London IT support provider Amazing Support reveals that the UK has lost a total of £1.6Bn to fraud and cyber-related crime since the start of the year. Analysing data drawn from Action Fraud’s website, figures show that from a total of 240,067 reports made, 212,343 of these have come from the UK’s general public, […]

18 Sep

The Bank Of Mum and Dad May Not Exist For The Next Generation

To mark UK Savings Week, the Saffron Building Society launched a survey to better understand the UK’s generational saving habits, and the findings highlight a significant financial reliance on parents and grandparents. While the bank of Mum and Dad is helping to keep today’s young people afloat, data suggests that unless savings habits change, it may […]

14 Sep

Leeds Building Society launches new green mortgage

Leeds Building Society will reward homeowners for energy efficiency with the launch of a new green mortgage. The new mortgage product factors in a property’s Energy Performance Certificate (EPC) rating to offer preferential rates for the most energy-efficient homes. Benefitting mortgage applicants for EPC A-C rated homes, the improved rate recognises the tangible savings the most […]

13 Sep

New research reveals ‘retirement anxiety’ in over 40s

‘Retirement anxiety’ is increasingly becoming an issue for over 40s, due to the financial pressures of the rising cost of living on income and savings, according to new research launched today from financial planners, abrdn. abrdn’s latest research into the nation’s retirement anxieties highlights that nearly two thirds (58%) of UK adults aged 40 years+ […]

13 Sep

Leeds Building Society launches new tool to help members improve their energy performance

Leeds Building Society has announced the launch of a new online tool designed to help members monitor and manage their home energy usage, reduce their environmental impact, and save money. The tool, developed in collaboration with Energy Saving Trust, offers users tangible solutions to promote energy efficiency and help residential borrowers and landlords to make […]

13 Sep

How Regular Maintenance Ensures Your UK Smoke Alarm’s Efficiency

Smoke alarms are an essential safety feature in any home, and regular maintenance is crucial to ensure their efficiency. In the UK, where fire safety regulations are strict, it is especially important to keep your smoke alarms in good working order. This article will explore the importance of regular maintenance for smoke alarms in the […]

4 Sep

Santander launches best buy easy access savings at 5.20%

Santander UK has today (Monday 4 September) launched a ‘top of market’ easy access account, the Easy Access Saver Limited Edition (Issue 3), which pays 5.20% AER/ 5.08% gross (variable) on savings up to £250,000 for 12 months. Customers with £5,000 deposited in the account will typically earn £21.66 in interest every month and £260 annually. […]

4 Sep

NS&I fights back with 6.20% 1 Year Savings Rate

National Savings and Investments (NS&I) shocked the UK savings industry this week when it launched its highest ever rate of 6.20% for a 1 Year Guaranteed Growth Bond. The deal went straight to the top of the best buy tables and is the highest rate by some margin, with 6.00% the next best rate on […]

22 Aug

New Issue for Green Savings Bonds at 5.70%

A new Issue of NS&I’s Green Savings Bonds has been released today paying 5.70% gross/AER fixed-rate over a three-year term. Savers putting money into Green Savings Bonds will be helping fund vital green projects across the UK as part of the UK Government Green Financing Framework. Dax Harkins, NS&I Chief Executive, said: “I’m really pleased that […]