Interest rate

NS&I has launched its 'British Savings Bonds' – three-year fixed rate savings accounts first announced by the Chancellor in his Spring Budget last month. But they'll only pay 4.15% AER – a rate you can easily beat elsewhere. 

Savers should consider locking in a top fixed rate now as the Bank of England has held the base rate at 5.25% for the second time in a row. For mortgage borrowers, the situation is less clear-cut and will depend on what type of mortgage you have and when your deal ends. 

Savers with accounts that pay low or no interest will soon be prompted to consider alternatives under a crackdown by the regulator. The Financial Conduct Authority (FCA) has announced a raft of measures designed to better protect savers amid concerns they're being ripped off.

Interest rates on fixed mortgage deals are expected to fall over the coming weeks, despite the Bank of England increasing the base rate to 4%. MoneySavingExpert.com's founder Martin Lewis explains what you need to know NOW about mortgage rates in the latest episode of ITV's The Martin Lewis Money Show Live. Watch the clip below or read on to find out more.

Tesco Bank has upped the interest rate on its easy-access cash ISA, but existing customers can only benefit by opening a new account and transferring over their savings. Here's the situation and some tips for those affected.

Lloyds and Bank of Scotland customers will earn less interest on Club Lloyds and Vantage accounts from October.

The Bank of England has increased base rates to 0.5% from 0.25% after the Monetary Policy Committee (MPC) voted in favour of a rise. The base rate is used by the central bank to charge other banks and lenders when they borrow money – and influences what borrowers pay and savers earn.

Savers trying to make withdrawals from National Savings and Investments (NS&I) accounts ahead of next month's massive rate cuts have found they are unable to access their money due to an ongoing "technical issue".

Nationwide has started telling customers about changes it's making to its FlexPlus packaged bank account in November, which include slashing in-credit interest and raising overdraft fees for many. We've full details of the changes below, plus our analysis of whether the account will still be worth it.

TSB has cut the interest on its Classic Plus current account from 5% to 3% from today.