The Money Pages: Personal Finance News, Features and ...
Sep 12, 2024 · Atom Bank launches rewards savings account with 4.85% interest rate. I put money away regularly into a savings account or into investments. I would love to save but cannot afford to at the moment. The Money Pages is a sister website to What Mortgage and is dedicated to personal consumer finance in the UK. Since 1998 the brand has also hosted ...
Understanding your bank statement: Abbreviations and ...
Sep 2, 2021 · The abbreviation BP on your bank statement means you’ve made a bill payment. You might also see an extension of this, BP/SO, which stands for bill payment and standing order. This means you’ve paid a bill by standing order. BGC stands for bank giro credit. If this abbreviation is on your statement, it means you’ve deposited cash or ...
Latest news - The Money Pages
The Money Pages is a sister website to What Mortgage and is dedicated to personal consumer finance in the UK. Since 1998 the brand has also hosted the Personal Finance Awards, held yearly to celebrate the best companies in consumer finance as voted by consumers.
Investment News - The Money Pages
Investment News :: The Money Pages. The Money Pages Read about the latest personal finance news, features and opinion. The Money Pages also offers advice on banking, debt, insurance, investments, retirement and savings. 2024/25 Personal Finance Awards – Featured Finalists – Who get’s your vote?
Savers urged to check their rate and switch accounts
Sep 19, 2024 · Savers are being urged to check their account’s interest rate and switch if they can get a better deal as returns on savings begin to fall. Data released this week from Moneyfacts showed average rates were falling on variable rate accounts and fixed rate bonds. For those who are on a variable easy access savings rate, the average return has ...
The Best Money Pages Podcasts to Get You Started
The Best Money Pages Podcasts to Get You Started. The Money Pages Read about the latest personal finance news, features and opinion. The Money Pages also offers advice on banking, debt, insurance, investments, retirement and savings. 2024/25 Personal Finance Awards – Featured Finalists – Who get’s your vote?
Trim your budget: Are you overpaying for these goods and services?
Oct 24, 2024 · According to Tiger.co.uk there are 10 common things which consumers tend to overpay for. These goods and services might seem small in isolation, but add them up and it could amount to hundreds of pounds over the year. Ian Wilson, savings expert and managing director at Tiger.co.uk, Ian Wilson, said: “With the high cost of living presenting ...
Savers should ‘act quickly’ to avoid impact of interest rate cut
2 days ago · Savers considering locking their money into a fixed-rate account should move fast before providers pass on the Bank of England interest rate cut. This is the message from Moneyfactscompare.co.uk, which has revealed rates on some fixed-rate bonds have fallen in the last month. It has warned, with the Bank of England (BoE) reducing the Base Rate ...
Fixed savings rates fall to their lowest point in over a year
Oct 22, 2024 · Fixed rate savings have fallen to their lowest levels in a year and savers are being warned more cuts are set to follow. A typical one-year fixed rate bond currently has an interest rate of 4.31% having fallen to its lowest point since June 2023. It’s a far cry from the typical 5.42% rate being offered on the same products in October 2023.
Interest rates raised to 5%: How savers can benefit - The Money …
Jun 22, 2023 · The Bank of England (BoE) raised interest rates by 0.5% to 5% as it continues its attempts to calm high inflation and bring it down from 8.7% to the target of 2%.. For homeowners with mortgages this has come as huge blow, especially with cost-of-living pressures putting strain on other household bills.. But the consecutive base rate …