The Bank of England’s current official Bank Rate is 3.75%. This will be fixed until the next BoE base rate decision. The next Bank of England Monetary Policy Committee (MPC) decision is scheduled for 19th March 2026. Are interest rates predicted to go up or down in the UK in 2026? UK interest rates are […]
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A reader asks: Now that our current provider, Nationwide, no longer supports Family Trusts, we had to move our daughter’s trust savings into an ISA, as otherwise we pay tax on those savings. Any suggestions are most welcomed. Trust savings accounts, or trustee savings accounts, are savings accounts opened and managed by a trustee on
A reader asked: I have £20,000 to save without withdrawal for two years and need a safe and secure no risk investment. What do you recommend? Twenty thousand pounds is a significant sum so it makes sense you’d want to protect it. By considering investing it’s clear you also want a way to grow your
Where should I save £20,000 risk free for two years? Read More »
A reader asked: We have £300,000 in three different joint accounts with TSB. Are we protected [by the Financial Services Compensation Scheme (FSCS)]? Or is there a £170,000 limit per institution? Should we move £130,000 to a different bank if we have more than £170,000 in one bank? You are right to be mindful of
Are we protected by the FSCS with £300k in our TSB accounts? Read More »
Digital bank Zopa is boosting returns for savers with the launch of a market-leading Easy Access savings rate of 4.75% AER, available exclusively to customers who open or hold a Biscuit current account and deposit £500 per month. The new rate combines Zopa’s standard 3.25% AER variable Easy Access rate with a 1.50% AER fixed
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A reader asks: I aim to do a handful annually of gilt purchases and sales. Around £250,000 each What is the best platform to use? Our response: People searching for how to buy Gilts is one of the most popular pages on Good Money Guide at the moment. We have a full guide where you
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Hargreaves Lansdown (HL) has launched its first own-brand savings product, a Cash ISA designed to give clients a “consistently competitive” rate and an alternative to low-paying high street banks. The new Cash ISA, unveiled during UK Savings Week (22–28 September 2025), is powered by a partnership with Shawbrook Bank. Deposits are FSCS-protected up to £85,000
Nationwide has grabbed headlines with the launch of its Flex Regular Saver, offering a headline rate of 6.5% AER, one of the highest rates currently available in the UK. But before savers rush to sign up, it’s worth asking: is it really 6.5% across all your savings, and what are the conditions? The short answer
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Chase has launched a new boosted savings account for UK customers, offering a headline rate of 4.75% AER for 12 months. The deal is available to new customers who open a Chase current account from 9 June 2025 and set up a saver account within their first 31 days. The product combines Chase’s standard saver,
Chase launches boosted savings product with 4.75% AER offer for new customers Read More »
Hargreaves Lansdown (HL) has introduced a new feature designed to make it simpler for clients to move money between their ISAs, particularly into its Cash ISA savings accounts. The new ‘move money’ tab, available within HL accounts, allows customers to transfer uninvested cash from their HL Stocks and Shares ISA directly into an HL Cash
Hargreaves Lansdown Makes Cash ISA Transfers Easier with New ‘Move Money’ Tab Read More »