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- Savings accounts in the UK 'more popular with women' - 18th May, 2009
A survey conducted by Halifax has revealed that women keep a greater proportion of their money in savings accounts in the UK than men, suggesting that saving may be more popular among the fairer sex.
Halifax's poll found that women in the UK have savings account balances equivalent to around 40 per cent of their annual earnings on average.
By contrast, the average man keeps around 23 per cent of his annual earnings stashed away in savings accounts in the UK. The survey did not take the 24 per cent of Brits with no savings at all into account... - ISA savings account 'pays 8 times base rate' - 14th May, 2009
The best buy ISA savings account from Leeds Building Society currently pays a rate of interest eight times higher than the Bank of England's base rate, the financial services provider has announced.
According to the building society, its five-year fixed-rate ISA savings account, which pays interest at a rate of four per cent, is a market leading product... - Fixed-rate bond market taking off, says expert - 14th May, 2009
Fixed-rate bonds are currently taking off as an alternative to savings accounts in the UK accordeing to one financial expert, who has claimed that now may be a good time to invest in them.
Kevin Mountford, head of banking at moneysupermarket.com, said that in the past week alone, several leading banks and building societies, including Barclays, Abbey and the Coventry, have launched fixed-rate bonds... - ISA savings accounts are 'a good option' - 12th May, 2009
ISA savings accounts are a good option for people in the UK who are looking to get the most out of their savings, according to one financial adviser.
Sharon Bratley, a chartered financial planner for the website Fairinvestment.co.uk, said: "For those who can afford to save and invest, ISAs are a great way to make the most of your tax free savings allowance."
ISA savings accounts allow people to earn tax-free interest on savings of up to £3,600 in cash, as well as £3,600 in stocks and shares investments... - Alliance & Leicester launches new savings account option - 8th May, 2009
A new savings account option has been launched in the UK by Alliance & Leicester, in the form of a nine-month, fixed-rate business bond.
The bond will be made available to those with between £50,000 and £2 million to invest and will pay interest at a rate of 2.81 per cent. Customers will see their investment mature on March 1st 2010... - Leeds Building Society savings account in the UK 'hits record' - 8th May, 2009
A savings account in the UK offered by Leeds Building Society has achieved record levels of popularity, the firm has announced.
Kim Rebecchi, director of sales and marketing for the building society, said that an unprecedented number of people have opened instant access savings accounts with Leeds Building Society in recent months.
She attributed the popularity of the account to the falling base rate, which currently sits at 0.5 per cent. By comparison, Leeds Building Society's instant access savings account offers a rate of up to 2.5 per cent... - Abbey brings back savings account option to the UK - 7th May, 2009
Abbey has announced that it is bringing back one of its savings accounts to the UK due to popular demand.
The bank said that the savings option, a two-year, fixed-rate bond paying an interest rate of 4.01 per cent, will be returned as a limited offer, meaning that customers will be able to take advantage on a first come, first served basis... - Santander banks launch new bonds - 6th May, 2009
Santander Group's banks have launched a new range of savings account offerings in the UK, in the form of fixed-rate bonds.
The new offerings, available at branches of Abbey, Bradford and Bingley and Alliance & Leicester, include a 12-month bond that pays a gross annual interest rate of four per cent... - Moneynet.co.uk recommends savings accounts in the UK - 6th May, 2009
A list of the best savings accounts in the UK has been published by the financial advice website moneynet.co.uk.
According to the website, the best regular savings account currently on offer is the Barclays Monthly Saver, which pays interest at a rate of six per cent for a period of one year... - ISA savings account offers 7 times base rate - 29th April, 2009
An ISA savings account offered by Leeds Building Society currently pays seven times as much interest as the Bank of England's base rate, according to the savings account provider.
Leeds Building Society's two-year fixed-rate ISA savings account offers interest of 3.15 per cent, while the Bank of England's base rate is currently 0.5 per cent...