HSBC warning: Bank slashes interest rates on Regular Saver account from 2.75 to 1 percent
HSBC AND First Direct customers should pay attention, as the banks have cut the interest which is paid on their regular savings accounts. Daily Express :: Finance Feed
Kickstart Scheme creates over 19,000 jobs – rates of pay for £2billion scheme explained
THE KICKSTART SCHEME was announced by Chancellor of the Exchequer Rishi Sunak in July this year, with the government scheme opening in September this year. HM Treasury has today said more than 19,000 jobs have so far been created. Daily Express :: Finance Feed
Interest rates held at historic low as Bank of England adds extra £150billion into economy
THE BANK of England Base Rate is to continue being maintained at a historic low of 0.1 percent, despite fears negative interest rates could be looming. The Bank of England has also expanded its quantitive easing programme to boost the economy by another £150billion. Daily Express :: Finance Feed
Negative interest rates: How will savings, mortgages & pensions be affected by BoE option?
NEGATIVE interest rates could be introduced soon as the Bank of England is set to unveil their latest base rate decision tomorrow. While deemed by many to be unlikely, the central bank has acknowledged in recent weeks that negative rates could be introduced if warranted and this could have a drastic impact on the economy. […]
Cyprus holidays: Bleak outlook for Britons due to jet off as covid rates skyrocket
CYPRUS was hailed as a safe sun spot for Britons throughout the summer, but following a sudden surge in cases, the nation has zoomed into the “red zone”. What does this mean for holiday plans? Daily Express :: Travel Feed
Universal Credit rates: Is Universal Credit taxable?
UNIVERSAL CREDIT is a payment made to millions of eligible Britons, helping towards living costs. But is Universal Credit taxable? Daily Express :: Finance Feed
Martin Lewis explains how to ‘protect’ savings as he addresses negative interest rates
MARTIN LEWIS, the founder of Money Saving Expert, was back on the airwaves today to share his latest money saving tips and insights – and this afternoon, he spoke about the prospect of negative interest rates in the UK and the impact it could have on savings. Daily Express :: Finance Feed
Negative interest rates warning as experts report UK on track for ‘twilight zone’
NEGATIVE interests rates warnings have been issued after the Bank of England released a letter to commercial banks to gauge their preparedness amid the ongoing coronavirus pandemic. Daily Express :: Finance Feed
ISA rates: The account that’s seen an interest rate increase – details on eligibility
ISA and savings accounts are struggling at the moment as interest rates remain at near zero levels. Despite this, at times savers may be able to find some good news in the savings market and new analysis from moneyfacts.co.uk has revealed an account which has actually been boosted in recent days. Daily Express :: Finance […]