Savings
The latest news, updates and opinions on Savings from the expert team here at MoneyWeek
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Cash hoarders take total UK savings to £2 trillion – why aren’t we investing?
Investment-shy Brits are hoarding huge amounts of cash in their savings accounts. We look at the case for saving versus investing.
By Katie Williams Published
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Starling launches easy-access saver paying 4% – is it a best buy?
The digital challenger bank has launched its first easy-access savings account, available to current account customers. Is it competitive?
By Katie Williams Last updated
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Parents face £1,000 'nanny tax' – how to afford it
Hiring a nanny is about to become even more of an expensive hassle for families, especially those in London. Here's how to cut costs
By Ruth Jackson-Kirby Published
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NS&I slashes rate on British Savings Bonds – are they worth it?
The latest announcement from NS&I follows hot on the heels of a reduction to the Premium Bond prize rate
By Katie Williams Published
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Premium Bond winners – who won the December £1 million jackpot?
NS&I has unveiled December’s Premium Bond winners. Who bagged the jackpot and what other prizes are on offer?
By Katie Williams Published
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NS&I cuts Premium Bond prize fund rate to 4%
NS&I will reduce the Premium Bond rate from 4.15% to 4% in January, while also cutting the rates on other savings accounts. Are Premium Bonds still worth it?
By Ruth Emery Published
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How do NS&I savings account rates compare? Advantages of using government-backed bank
Advice NS&I savings accounts offer security and tax-efficient options for your money. But how do its interest rates compare to the rest of the market?
By Chris Newlands Last updated
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Number of ISA millionaires jumps to 4,850
The number of ISA millionaires has surged to more than 4,000 - what does it take to hit the seven-figure sum?
By Ruth Emery Last updated
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Chase to cut savings rate after base rate reduction – is it still a best-buy?
Chase’s popular saver is linked to the base rate, meaning its rate will come down this week after the Bank of England’s recent move. Is it still a best-buy account?
By Katie Williams Published