 Savings |
| Search News |
|
|
| Find an IFA |
|
|
| Browse |
|
| UK Spotlight |
A recent report by BDO Stoy Hayward has revealed that true extent of rising business fraud across the UK. The study has shown an alarming 74% rise over the last six months and signs that worse is...
→
Read More
|
|
| Disclaimer |
| Financialadvice.co.uk adheres to the Financial
Services and Markets Act 2000. This site contains only factual and
readily available public information. |
|
|
|
Loans In The UK
Looking for Loans in the UK? All About Loans will search the whole loan market to find you the best loans in the UK.
|
|
|
|
|
|
Thursday 3rd January 2008
It has been revealed that saving levels with building societies are high at present, thanks in part to the recent increase in the Bank of England base rate.
According to the Building Societies Association (BSA), savings with building societies are at a "very high level" due to good rates of interest and the high quality of products available.
Neil Johnson, public relations and policy manager for the BSA, confirmed: "For the fourth month running, savings with building societies are at a very high level."
He explained: "Interest rates are at a relatively high level so there's a greater incentive for people to save."
Mr Johnson added that another important factor encouraging people to save their money is the worsening economic outlook in the UK and across the world due to the global credit crunch.
This has caused people to "think about where their finances are going this year", he suggested, with many people looking to save rather than spend in 2008.
|
→ Full Savings News Archive
→ Return to Homepage |
|
|
|
| Other top stories in this section:
|
|
|
|
.gif)
