Saving

Government-backed savings provider NS&I has today launched fixed savings accounts allowing savers to deposit up to £1 million. Both its headline deals are beaten by others on the market though – here's how they compare.

Millions of Premium Bond holders will have a better chance of winning from next month as NS&I is boosting the prize fund, following last week's Bank of England base rate rise.

The UK's key inflation rate hit 3% in September, the highest it's been since March 2012. As a result, there'll be a rise in the basic state pension of almost £5/week next April – and it will mean a number of other changes too.

More than 66,000 people with a high interest Yorkshire Building Society regular savings account will have their accounts shut in December.

Government-backed savings provider NS&I has today closed applications to new customers for its five-year children's bonds, though hundreds of thousands of existing accounts can still be renewed at maturity if the child is under 16.

A student MoneySaver has become a viral sensation after getting his food and drinks paid for all evening following a shout-out for birthday freebies.

MoneySavers have been surprised to find applying for a savings account with Ulster Bank could mark their credit file and potentially affect their credit score.

Almost 90,000 customers with Tesco Clubcard Plus savings accounts will have their accounts shut in October.

Savers who are Manchester United fans may be tempted by a new one-year fixed savings account paying 3% if their team triumphs next season – but it's almost certainly not worth it, even for die-hard fans.