Banking
Savers won’t find an i...
Basic rate taxpayers need to find a savings account paying interest of more than5.0% to cancel out inflation and tax. Banks and building societies offering around 3.5% interest rates before tax aredoi...
Consumer confidence up but o...
Consumer morale saw a limited recovery in March, according to new figures from Nationwide Building Society. Nationwide’s consumer confidence index, which uses survey results to assign a scaled n...
Interest only borrowers at r...
Debt charities have warned that millions of ‘interest only’ borrowers could struggle to keep up their mortgage repayments if interest rates were to rise. Even a small increase in interest...
Savers still struggling to b...
Savers in Britain are still struggling to find accounts that beat the rise in the cost of living, despiteinflation falling in March. Even though inflation fell from 4.4 per cent to 4 per cent, one in...