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February 27, 2021
Rishi Sunak: Ready to help stoke a post-lockdown boom The Government is expected to follow up its successful vaccine programme with a feel-good giveaway Budget to stimulate an economic recovery from the pandemic. Chancellor Rishi Sunak is apparently prepared to help stoke a post-lockdown boom, and put off tax rises to pay the mammoth Covid-19 bill - at least for a while. But we might find an open-handed Budget is followed by a more sober Tax Day, a newly-introduced date in the financial calen...
February 17, 2021
Insurance and investment giant Aviva has launched its own cash savings platform, This is Money can reveal, but savers will earn more by going to the banks directly. Britains largest insurance firms answer to the likes of Hargreaves Lansdown Active Savings and Flagstone has opened with 15 fixed-rate bonds offered by Aldermore, Oaknorth and Paragon Bank in partnership with fellow cash platform Raisin. The bonds, which have terms ranging from six months to five years, pay up to 0.65 per cent and a...
February 10, 2021
The popular Marcus account by Goldman Sachs bank is re-opening to new savers from today. It will pay a top 0.5 per cent - more than double what you can earn with the average easy-access deal on offer. Experts hope its re-entry could help revive returns elsewhere. When the account launched in September 2018, its top rates attracted savers in their droves. Top rate: The popular Marcus account by Goldman Sachs bank will pay 0.5% - more than double the average easy-access rate of 0.17% But it close...
December 15, 2020
Britains biggest banks will pay savers as little as 38 pence interest on each £1,000 in their cash Isas this year. Our analysis reveals it has been the worst year for cash Isas since their launch 21 years ago. Next year is set to be worse with some accounts expected to pay just 10 pence. We have examined all the easy-access cash Isas offered by big banks and Nationwide to see what interest they will pay in 2020. Our research includes old accounts no longer on sale, but which were popular with ...