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Martin Lewis has issued advice to those with savings accounts as interest rates held for the first time in two years. Speaking on Good Morning Britain on Friday (22 September), the ...
The government-backed savings bank said that it will increase rates by 15 basis points to meet its net financing target for 2021/22. NS&I raises direct saver and income bonds rates Skip to main ...
The MoneySavingExpert.com founder said fixed savings rates could be shaved down but highlighted a tactic that savers could use. Martin Lewis issues ‘urgent savers warning’ as Bank of England ...
The bond terms are typically 2, 3 or 5 years. The returns are linked to Retail Price Index (RPI) with a tiny added interest rate on top. The Bonds can now only be cashed in at maturity. Index-linked Savings Certificates are free from UK income tax making them relatively attractive to tax-payers, particularly higher rate tax-payers. They are ...
NS&I sets interest rates both to attract savers and provide low-cost finance for the government, and 100% of any individual's savings are guaranteed by HM Treasury; rules are in place to ensure that it does not offer market-leading products that would stifle competition. [18]
MoneySavingExpert.com is a British consumer finance information and discussion website, founded by financial journalist Martin Lewis in February 2003. The website's focus is to provide people with information on saving money in the form of deals, tips and journalistic articles, as well as techniques and strategies for exploiting loyalty schemes and incentive-based credit cards.
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