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Savings bank consultant James Blower and his fiancée Tanya Burrage have amassed a 400-item collection charting the history of money boxes and piggy banks in the UK, from early 1900 to 2000.
Aldermore Bank on Friday morning announced a raft of new best buy accounts, including a one-year fixed-rate paying 1 per cent for the first time since 23 November last year.
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More than half-a-million savers will be left disappointed after Marcus Bank cut its market-leading easy-access rate once more. The Goldman Sachs-backed bank has cut the rate from 0.5 per cent to 0.4 per cent this morning for newcomers and will do the same for more than 500,000 existing savers in a fortnight's time. The cut, the sixth from the bank since it launched in September 2018, comes just five weeks after it reopened its doors to newcomers, having closed them last June. Goldman Sachs-backed Marcus Bank has taken in more than £21bn from savers since it launched in September 2018 At th...
We may be a year on from the deepest Bank of England base rate cuts on record, but only a third of Britons know that savings rates have fallen since then, and more than a fifth believe they have actually gone up. Despite two cuts on 11 and 19 March which took the base rate to an all-time low of 0.1 per cent, the survey of around 4,600 people by the Bank of England found 22 per cent said rates on 'mortgages, bank loans and savings' had increased over the last 12 months. The latest inflation attitudes survey, run in partnership with Kantar, was carried out in the first two weeks of February.