Savings Account Articles

Meltdown

Famous for its geysers and its geothermal pools, Iceland this week put savers in a different type of hot water when the UK Government declared the banks Icesave and Kaupthing Edge to have defaulted. The cash of more than 300,000 savers has been frozen and they will have to claim their money back with around £4.5 billion at stake. ... Read more

Happy birthday credit crunch

Birthdays are normally a good excuse for a party but with the one year anniversary of the “credit crunch†approaching fast, few people are likely to popping any champagne corks for this unfortunate economic menace. ... Read more

Festival of finance

It’s less than a month to go until one of the greatest sporting spectacles on the planet, the Olympic Games gets under way. A phrase much loved by commentators is, “it’s a marathon not a sprint,†but is this really true? When it comes to our finances sometimes it’s best to be quick out of the blocks. ... Read more

Santander's takeover of Alliance & Leicester

“There are pros and cons to a large bank bringing two competitors under the same roof. It is true that big banking groups tend to offer similar – or even the same – products across all their different bank brands, thereby reducing the number of products in competition with each other.†... Read more

Li-Lo goes for spending high

Money saving is a national obsession at the moment with Gordon Brown telling us all to clean our plates at the end of meals - and rightly so given that the cost of living seems to be sky rocketing. ... Read more

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