Savings news library

  • Banking chaos - advice for savers

    Fear is spreading among savers as customers of Heritable Bank, which is owned by Icelandic bank Landsbanki, became the first UK victims of a savings provider going into admini...

    Kevin Mountford - Head of Banking

    Updated: 07 October 2008

  • Market meltdown, what now for savers?

    UK share prices have plunged 7.9% today - the biggest one day fall since 1987 - taking the FTSE 100 to its lowest level since October 2004. The slump was a result of...

    Clare Francis - Editor

    Updated: 06 October 2008

  • Northern Rock pulls deals

    Northern Rock has withdrawn many of its savings accounts as retail savers seek safety....

    Clare Francis - Editor

    Updated: 02 October 2008

  • Brown welcomes crisis co-operation

    Cross-party co-operation during the financial crisis has been welcomed by Prime Minister Gordon Brown as he rejected calls to guarantee all savings accounts in banks at risk o...

    Updated: 01 October 2008

  • Call for EU-wide banks protection

    The Irish Government has unveiled a two-year plan to guarantee all deposits in the country's six main banks over the period, and has called for the EU to follow suit....

    Updated: 30 September 2008

  • Savers to get extra protection

    The Government has announced an increase to the level of protection savers will receive if a bank or building society collapses. The limit is set to rise from £35,000 to...

    Clare Francis - Editor

    Updated: 30 September 2008

  • Savings bond helps spread the risk

    A nine-month bond for savers worried about investing more than £35,000 with one single institution has been launched by Principality, Wales's largest building society....

    Updated: 29 September 2008

  • Where to invest your savings

    The security of our savings is back at the forefront of many consumers' minds following the renewed turmoil in the banking sector and concerns about the stability of instituti...

    Kevin Mountford - Head of Banking

    Updated: 25 September 2008

  • Savings account pays monthly income

    An internet-only savings account paying 6.6% gross AER (6.41% gross monthly) has been launched by Alliance & Leicester....

    Updated: 25 September 2008

  • How to keep your savings safe

    It is now more than a year since savers were queuing down the street desperate to pull their money out of Northern Rock amid fears that the bank was on the verge of collapse....

    Clare Francis - Editor

    Updated: 23 September 2008

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