Charles Stanley Direct becomes latest investment firm to launch a savings platform

Charles Stanley Direct has launched a cash savings platform Savers can open an account with a minimum of £1 Savings platforms have been gaining popularity with rapid rate movements  By Helen Kirrane Updated: 06:01 GMT, 2 November 2023 Charles Stanley Direct is the latest provider to launch a savings platform, This is Money can reveal. … Read more

Lloyds and NatWest to shut an extra 80 branches: Is yours on the list?

Two major British banks have announced they are closing another 80 branches this year in another blow to Britain’s beleaguered High Street which has seen over 500 banks shuttered in a decade.  Lloyds Banking Group and Natwest today announced the closures as a raft of other financial institutions shut their doors on local sites. At … Read more

How to move your savings to a better rate

Before December gets a hold of you – the socialising, gift-buying, last-minute Christmas rush and then the ‘aagh it’s here’ moment – give yourself a present: move your savings to a better account. That doesn’t sound like a lot of fun – or particularly festive – but I reckon you’ve got just under a week … Read more

Call to ban banks’ derisory savings rates

Call to ban derisory savings rates: Banks trading on savers’ ‘ignorance and inertia’ and should face tighter regulation in savings market By Rachel Rickard Straus, Financial Mail On Sunday Published: 21:50 GMT, 26 November 2022 | Updated: 21:50 GMT, 26 November 2022 High street banks are trading on savers’ ‘ignorance and inertia’ and should face … Read more

Savings accounts now pay more than 4% after interest rate hike

Following the Bank of England’s decision to up the base rate earlier today, a number of savings providers have responded in kind. The Monetary Policy Committee increased the base rate for the seventh time since December – by 0.5 percentage points to 2.25 per cent. Although, most savers will be unlikely to see any changes immediately, … Read more