News

Fixed savings rates climb to 5.2% - these are the best buys if you're happy to lock your money away

Today

Savers can now get rates as high as 5.2%. And considering inflation has inched up, stronger rates mean your money keeps its spending power.

Only seven fixed energy deals beat October's price cap - and they will save you £500 a year compared to January predictions...

Today

There's less than two weeks until October's higher energy price cap kicks in, and predictions for January suggest a further shock. Here's how to save money.

Thames Water must be temporarily nationalised and its debt rescue plan blocked, MPs say

Today

A Thames Water spokesperson insisted the business needed to be 'recapitalised and put on a firm financial footing'.

Will Seat be killed off by Chinese EVs? VW considers Spanish carmaker's future

Today

Seat could be the first car brand to fall victim to cheap Chinese cars, as its parent company Volkswagen looks at pulling the plug on the dwindling marque.

The 20 best new car bargains: How to save up to £12,800 on a popular 76-plate model in September

Today

There are some huge savings to be had with ne car discounts of more than £12,000, while some are available with more than a quarter knocked off their list price.

Why did NatWest wrongly tell me to cash in my Isa and lose its tax-free wrapper if I wanted to transfer it? SALLY SORTS IT

Today

In August, I contacted NatWest regarding my two-year fixed rate cash Isa that will mature in November 2027, as I was considering transferring it.

Simon Lambert: Inflation is eating your savings and your bank isn't helping

Today

Inflation is climbing again and that means the value of your wealth risks being depleted but the good news is that savings rates have also been on the rise.

Put flesh on bones of your business vows by tackling energy and wage costs, manufacturers tell Healey

Yesterday

Industry body Make UK is asking the PM to put 'some flesh on the bones' of his rhetoric in Labour's first Budget under his leadership next month.

Bank of England goes it alone as rates left on hold: Bailey hints at November hike as inflation pressures build

Yesterday

Governor Andrew Bailey signalled a hike could be on the way but fought shy of taking action for now - even after counterparts in the US and Europe did so.

Digital bank Revolut mulls dual listing in New York and London - having previously mocked UK stock market

Yesterday

Nik Storonsky indicated a preference for the US but seemed to soften his stance towards the City - the first time the Russian-born entrepreneur has talked of a dual listing.

Old Lady's gilts fandango: If a rise in bank rate will be necessary this year, then why delay? asks ALEX BRUMMER

Yesterday

The Bank of England has been a defender of central bank independence at a time when the US Federal Reserve is under pressure from Trump's White House.

Fears of interest rate hikes are putting Britons off shopping on the High Street, says Next

Yesterday

The fashion retailer said its sales would be hit this winter as British consumers also fret over rising inflation and a tough jobs market.

Five-year fixed rate mortgages hit the highest levels since 2023 after a 'dark week' for borrowers

Yesterday

The average five-year fixed rate mortgage has hit its highest level since 2023, the latest data from Moneyfacts shows.

Next warns Burnham against 'stifling growth' with tax hikes as it upgrades profits again

Yesterday

The fashion retailer, which has been run by Lord Wolfson since August 2001, warned that increases at the upcoming 28 October Budget could worsen weak consumer confidence.

Bank of England holds rates at 3.75% but warns borrowing costs may need to rise in coming months amid inflation fears

Yesterday

The Bank of England held interest rates at 3.75 per cent today, despite fears that the surge in energy prices could trigger a fresh inflation shock.

Baillie Gifford US Growth Trust sounds alarm over hedge fund Saba's new raid

Yesterday

Saba has built up a 29 per cent stake in the trust and is trying to appoint three directors to its board, having twice been rebuffed .

Boss of UK's biggest housebuilder brands plans for fake chimneys a 'ridiculous waste of money'

Yesterday

The boss of Britain's biggest housebuilder has branded local council demands for fake chimneys on new homes a 'ridiculous' waste of money.

Vue eyes £1.5bn London stock market listing as it declares 'cinema is back' after 'six years of hell'

Yesterday

Cinema chain Vue could list on the stock market in London as its owners look to cash-in on a record-breaking summer at the box office following 'six years of hell'.

Thames Water customers will be billed EVERY MONTH - unless they actively opt out

Yesterday

Adrian Michaels (pictured) was incorrectly advised that Thames Water had received an email from him requesting a switch to monthly payments.

Barclays bankers demand one-off payment to return to office just three days a week

Yesterday

Barclays bankers who work from home are demanding more money to return to the office just three days a week.

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