UK Savers Left Underwhelmed by Base Interest Rate Rise

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Negative Interest Rates are Becoming a Reality for Savers

Data from Moneyfacts.co.uk can reveal that the savings market is showing encouraging signs of improvement. The number of rate rises now outweighs the number of reductions for the third month running. In the month of March, Moneyfacts recorded 163 savings rate rises, with some rates increased by as much as 1.20%. This dwarfs the 65 […]

Savers Maximise the Personal Savings Allowance for Bigger Returns

As a new tax year approaches, savers may well be readying their cash to invest in a new ISA, but the latest research by Moneyfacts.co.uk reveals why savers should still consider maximising their Personal Savings Allowance (PSA) for bigger returns. Since April 2016, savers have been given an individual Personal Savings Allowance to earn a […]