Savings
The latest news, updates and opinions on Savings from the expert team here at MoneyWeek
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Is it time to fix your savings?
One-year savings rates are falling, and it’s widely expected that the Bank of England will cut the base rate in June or August. So, is it time to fix your savings before rates drop further?
By Ruth Emery Published
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Kids’ average pocket money income dwarfed by side hustle pay rises, NatWest Rooster Money report finds
News The app found side hustles, such as chores and paper rounds, have been generating significantly more income for kids than average pocket money payments.
By Henry Sandercock Published
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Parental contributions to kids' university living costs could reach £14,000 a year
Parents helping kids with university living costs face contributions of up to £14,000 per year, according to a report from HEPI and TechnologyOne.
By Oojal Dhanjal Published
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Interactive investor launches managed ISA – is it any good?
If you want to invest but don’t know where to start, a managed ISA could be a good solution. Here's a first look at interactive investor’s new product and how it compares to others in terms of fees, investment choice and service.
By Katie Williams Published
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Metro Bank to slash savings rates below 4% – is now a good time to move your cash?
Metro Bank savings rates are set to plummet below 4%. But, there’s still time for savers to move their money – should you shop around now and which accounts are affected?
By Vaishali Varu Published
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Santander to cut top 5.2% easy-access saver rate in weeks – where can you find a better rate?
Santander is to drop its 5.2% best buy rate on its easy-access saver this month. How does the new rate compare to the rest of the savings market and where are the best alternatives?
By Vaishali Varu Last updated
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6 money changes to watch out for in May
A raft of changes could affect your wallet this month, from prescription fees going up to interest rates being cut. We explain everything you need to know.
By Ruth Emery Published
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Early bird ISA investors flock to global funds, India and the US
There’s been an increase in investors maxing out their ISA at the start of the new tax year. But where are they putting their cash and why does it make sense to be an early bird investor?
By Vaishali Varu Published
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Over a thousand savings accounts now offer inflation-busting rates – how long will they stick around?
The rate of UK inflation slowed again in March, boosting the opportunity for savers to earn real returns on cash in the bank. But you will need to act fast to secure the best deals.
By Katie Williams Published