Savings safety

PCF Bank has stopped offering personal savings accounts and loans to new customers, and plans to exit the UK banking market – but there's no immediate change for existing savers or borrowers.

Metro Bank had queues of customers inquiring about their safe deposit boxes in some London branches over the weekend, which it says was due to "false rumours" on social media and messaging apps. Customers have been told there is "no reason to be concerned" – here's the latest info and your rights...

Easy-access savings rates have been moving upwards since the launch of Goldman Sachs' market-leading Marcus savings account a little over two weeks ago, MoneySavingExpert.com data reveals.

The best buy savings rates have barely risen since the Bank of England increased the base rate by 0.25 percentage points two weeks ago, MoneySavingExpert.com data reveals.

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.

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.

The level of protection for individual savers with money in banks and building societies that go bust will increase to £85,000, the Financial Services Compensation Scheme (FSCS) has confirmed.

The chairman of the influential Treasury Committee has renewed his call for the Chancellor to prevent an "absurd" cut to the amount of savings protected if your bank, building society or credit union goes bust.

The chairman of the influential Treasury Committee has called on the Chancellor to prevent an "absurd" cut to the amount of savings protected if your bank, building society or credit union goes bust.

The amount of standard savings protected if your bank, building society or credit union goes bust will fall from £85,000 to £75,000 from January because the pound has got stronger.