Interest rate

Nationwide has started telling customers about changes it's making to its FlexPlus packaged bank account in November, which include slashing in-credit interest and raising overdraft fees for many. We've full details of the changes below, plus our analysis of whether the account will still be worth it.

TSB has cut the interest on its Classic Plus current account from 5% to 3% from today.

Around 200,000 Lloyds, Halifax and Bank of Scotland customers are owed payments averaging around £30 each, due to historic administrative errors starting in 2012 which may have led to them not switching to better products.

TSB has announced it's cutting the interest rate on its Classic Plus current account from 5% to 3% this summer – and it's temporarily reviving its £75 switching incentive for those who refer friends and family to the bank.

Nottingham Building Society has launched a new market-leading online easy-access savings account, paying 1.55% interest on £1,000 or more. 

A number of major banks including HSBC, First Direct and Tesco have already raised mortgage rates after yesterday's base rate rise but have kept quiet on whether to pass on the increase for savers, MoneySavingExpert.com has found.

The Bank of England has raised the base rate from 0.5% to 0.75% - only the second rise in over a decade. Here's what it means for your finances, including the very latest on how individual banks' mortgage and savings rates are changing.

The Bank of England on Thursday raised the base rate from 0.25% to 0.5% - the first rate rise in over a decade. Here's what you need to know, including the very latest on how individual banks' mortgage and savings rates are changing.

Some banks will begin raising mortgage rates immediately, in the wake of the Bank of England's decision to increase the base rate to 0.5%.

The UK's key inflation rate hit 3% in September, the highest it's been since March 2012. As a result, there'll be a rise in the basic state pension of almost £5/week next April – and it will mean a number of other changes too.