Households once again found themselves resorting to drawing on their savings in order to get them through the last six months of 2012, with ING Direct’s Consumer Savings Monitor reporting that savings fell by an average of £362 over the period. Whilst the average rate of debt also fell, it looks like people may have…

A new survey from RateSetter, a company that operates lend-to-save loans, allowing people to directly loan their money out to people who need it and thus improve the interest rate for both savers and lenders, has revealed that as few as 30% of people may be beating inflation with their current savings account. In their…

Coventry Building Society are once again hoping to appeal to people’s sense of charity by launching their Poppy Appeal bond, a savings account that offers a 3.25% fixed rate until December 31st 2014 and allows people to put between £1 and £250,000. What’s more, 0.05% of the total funds that the building society gets from…

For the last few months, banks have been continually cutting the interest rates they offer on their ISA accounts, with customers seeing the best new deals available drop from offering 3.5% to around 2.5%. It was a trend that looked set to continue, much to the disappointment of savers everywhere. However, NatWest now appear to…

A poll by National Savings and Investments has revealed that people who put aside some money into savings are generally happier, having a nice little boost whenever they put money into their savings account or look at their balance to date. The amount doesn’t have to be particularly big either, with customers finding that just…