Savings

The Government is putting the wheels in motion to develop simpler financial products.

The last batch of parents whose offspring are eligible for the child trust fund (CTF) only have a few weeks to choose where to save or invest their free cash, or face having it automatically placed in a poor-paying or risky account.

The eurozone crisis threatens to destabilise some of the Continents' top banks, so what does that mean for savers with cash in Spanish giant Santander, which has become one of the UK's largest institutions?

The Bank of England today announced it is holding the base rate at its 0.5% historic low for the 31st consecutive month.

Halifax has added a gimmick to its savings range by entering savers with at least £5,000 with the bank into a monthly prize draw to win up to £100,000.

Banks should separate their investment and retail arms to help prevent a future financial crisis, the Independent Commission on Banking (ICB) said today.

The Bank of England today announced it is holding the base rate at its 0.5% historic low for the 30th consecutive month.

Government bank National Savings & Investments (NS&I) has today pulled its index-linked savings certificates that guarantee to beat inflation.

The Bank of England today announced it is holding the base rate at its 0.5% historic low for the 29th consecutive month.