Articles Tagged With: Inflation

It will take a long time for increased base interest rates to have an impact on inflation, according to a leading economist. In an interview with Mickey Clark, presenter of the Cost of Living Rises on

Banks should be more open about savings interest rates whenever they communicate with a saver, according to Save Our Savers. Jason Riddle, co-founder of Save Our Savers, said that some banks are exploiting

The fifth edition of Legal & General's six-year bond has been made available for a limited eight-week period until February 25th 2011. People looking for the best savings interest rates will be

Savers are expected to lose on returns on their investment due to increased inflation, according to Save Our Savers. The comment from the financial advice website come after the Office for National Statistics

There will be an increase in the number of people looking for the best mortgage rates in the coming years and mortgage lending will increase, according to MyMortgageDirect. Cath Hearnden, director at MyMortgageDirect,

Chelsea Building Society has reduced its mortgage rates on its three-year fixed-rate mortgage, which is a market leading rate. The three-year fix is available at a rate of 3.49 per cent at 75 per cent

Consumers are better off raiding their savings than taking out high interest loans in the current environment, according to one financial advice website. A spokesperson for Candidmoney,com said many UK

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Legal & General has launched a new six-year deposit bond, the third plan in its series. The bond, which offers savers the potential for capital growth linked to the performance of the FTSE 100 Index,

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Ten million mortgage customers could see their finances hit if interest rates move back up to 2008 levels, it has been claimed. Research by PricewaterhouseCoopers PwC found that if rates rise to the

Worrying survey results from Standard Life suggest that British consumers care more about their cars than their pension savings. According to the firm, just 46 per cent of respondents 'care' about their

Interest rates have been held at their historic low of 0.5 per cent for the 15th month in a row. As widely predicted, the Bank of England chose to take no action on either its base rate or quantitative

The government should start to reward savers and treat them fairly, according to Save Our Savers. Jason Riddle, founder member of the campaign group, said current levels of inflation are having "a

Legal & General has launched a six-year structured deposit bond designed to give investors a minimum return of 12 per cent on their capital at the end of the fixed term. According to the firm, the

Consumers who took out the Premier Notice savings account with Manchester Building Society in January are to suffer a rate cut of 0.5 per cent. The original offer gave customers a savings interest rate

The amount of money Brits are putting aside in their savings dropped by eight per cent to just over £2,000 in the first few months of 2010, according to research by ING Direct. A study by the firm

The chancellor has announced that the annual tax free allowance for Isa accounts will increase each year in line with inflation. During his Budget 2010 speech in the House of Commons, Alistair Darling

National Savings and Investments NS&I is to release new issues of its Index-linked Savings Certificates. The new issues, sold in three and five-year terms, will be available to consumers from Wednesday

Savers who fail to use their Isa allowance are effectively giving money to the taxman, according to one financial commentator. David Kuo, director of the financial website Fool.co.uk, said consumers should