Budget 2015: The headlines

Budget 2013 the headlines Despite the leaks, today’s Budget saw George Osborne pulling plenty of rabbits out of his hat, which will be of particular interest to first time buyers and savers. In his final Budget Mr Osborne was in bullish mood, reminding those listening of the successes of the Government, whilst announcing further measures which will affect the personal finances millions of people. Read on as we outline the main changes....

Savings: 5 Cash ISA deals we like

Savings: 5 Cash ISA deals we likeSavers got a boost in the Budget earlier this year, when it was announced that from July, the maximum contribution to a Cash ISA (Individual Savings Account) will rise to £15,000 each and every year. It will also be possible, again from July, to transfer money from a Stocks and Shares ISA to a Cash ISA. Both of these moves will give Cash ISAs a new lease of life. But which of the 200 or so Cash ISAs currently available is right for you? We’re here ...

Savings: Bank of England move to boost savings interest rates?

iStock_000006918404XSmallA joint move by the Bank of England and the Treasury could boost interest rates for savers. It was announced today, that from January next year, the Funding for Lending scheme will no longer be available to support mortgage lending, which could mean interest rates on savings accounts rise in the New Year. The scheme, first launched in August 2012, was designed to make it cheaper for banks and building societies to borrow money, by making £60 billion available to them at ...

Post Office to launch current account

Post OfficeThe Post Office has announced they will launch a new current account in the spring of 2013. The new current account will initially be launched in a small number of Post Offices, but will be rolled out to all 11,500 branches during 2014. The Post Office claims that the new current account will give consumers access to the UK’s largest branch network and increased opening hours, compared to traditional banks. According to figures from the Post Office, more than three million customers have accessed the many ...