Saving

Savers with money in the Post Office and Bank of Ireland have been warned by the Liberal Democrats that their money may not be completely safe.

The Government will allow those who tried but failed to boost their state pension last week – before top-up prices rocketed by 50% today – more time to pay the reduced rates.

MoneySavers have given their thumbs-up to Barclays’ top-paying Golden Isa despite fears savers would have to wait weeks for their accounts to be opened.

Three major banking groups have introduced electronic Isa transfers this week in a bid to speed up the archaic process.

Premium bond holders’ chances of beating inflation have been slashed from 75% to 1% over the past year, we can reveal today.

City watchdog, the Financial Services Authority (FSA), is proposing to increase the amount of protection given to savers to at least half a million pounds, in special circumstances only. In some cases, protection will be unlimited.

Nationwide Building Society has today bought the savings arm of the troubled Dunfermline BS.

The Treasury says it will take “whatever steps necessary” to protect savers' money in the troubled Dunfermline Building Society.

Thousands of disgruntled savers have backed a MoneySavingExpert.com campaign to force banks and building societies to come clean on the rate they pay.

Premium Bond holders were dealt a blow today after the interest rate that determines their chances of winning was slashed.