Current accounts news, Jan - Mar2009

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Brits begin to value money more, survey shows

31 March 2009

Four in ten Brits think that money is more important now than it was before the start of the current economic crisis, a new survey shows.

'Growing' financially-savvy Brits

31 March 2009

The UK's youngsters are emerging more financially capable than previous generations, new research shows.

Londoners 'save more' than rest of UK

27 March 2009

Brits saved an average of £86.35 per month last year, while prudent Londoners put aside £104.47, research shows.

Recession novices 'refusing to be frugal'

26 March 2009

So-called recession novices are less likely to change their lifestyles to adapt to the economic climate, it is claimed.

Tax-free savings allowance 'neglected by many'

25 March 2009

Many people are missing out on their right to tax-free savings and are not planning on taking out an ISA in the near future, research shows.

Savers 'able to build a nest egg' with Lloyds ISA

24 March 2009

Lloyds TSB has announced it is to increase rates on its fixed-rate ISA, meaning people will get greater returns on their savings, it is believed.

Act now 'for account-switching incentive'

24 March 2009

Savvy savers have little time left to claim £100 by switching to an Alliance & Leicester account, which is said to be great for those suffering from poor value accounts.

Use ISA limit before it's too late, experts warn

20 March 2009

People need to make sure they are using their tax-free savings allowance before the next tax year begins, it is warned.

Leeds launches leading ISA

19 March 2009

Leeds Building Society has unveiled its new ISA, which offers customers a two-year fixed rate of 3.15%.

Savings accounts 'offering low AER'

18 March 2009

The majority of instant access savings accounts do not offer a high gross AER, according to new findings.

Look beyond interest rates 'for effective saving'

17 March 2009

Interest rates should not be the only consideration when deciding to put money aside, an industry expert states.

Budget 'needs saving incentives'

16 March 2009

This year's budget needs to give people the incentive to start saving again, claims one organisation.

Financial planning 'should support life's decisions'

16 March 2009

People in their 30s are most likely to make a radical decision without considering the need for financial planning, research shows.

Savers 'shopping around for best rates'

13 March 2009

People are beginning to look around for the best rates on their accounts, whether it be banking online or changing providers, a financial expert says.

Consider account change for best rewards, experts say

11 March 2009

Britons need to review whether or not their money is in the best savings account for them, it is claimed.

Consumers 'not making most of Isa limit'

06 March 2009

A number of consumers are failing to make the most of their tax-free savings allowance for this year, new research shows.

Current account deals 'available'

24 February 2009

There are current account deals available which offer decent interest rates, it has been claimed.

Savers 'turning to current accounts for interest rates'

23 February 2009

A fifth of UK savers have turned to current accounts as they are unable to find better interest rates elsewhere, according to new research.

Banks 'using right of set off to recover debts'

17 February 2009

Banks are using the right of set off to access current accounts and recover debts, it has been claimed.

Current account holders 'prioritising finances'

09 February 2009

Almost half of current account holders plan to prioritise their finances this year, research shows.