Daily Financial News

There are fewer than five weeks until the end of the tax year on April 5 and if you don't use your cash Isa allowance by then, you will lose it.
Cash Isas pay tax-free interest, which should boost your returns by 25%. But some sneaky banks have been paying lower interest rates on their [...]

Financial Mail has learnt that a 'severe shortfall' is predicted between the sum savers poured in - and which it is supposed to return, plus interest, at the end of a fixed term - and the value of the company's assets.
It is expected that investors who receive regular income will cease to get [...]

My winnings are, and will be, automatically reinvested in further Premium Bonds until I reach the maximum holding of £30,000. As a result, I am sitting on a growing pile of paper certificates.Is there any way I can consolidate these into a single holding without having to cash them in and reinvest them, thus missing [...]

Because interest rates are at record lows there is massive demand from private savers to invest in these bonds, which are issued by companies. The price of the bond is repaid at the end of a fixed period and interest - known as the coupon - is paid every year.
The coupon is invariably higher [...]

Michelle Slade at financial information company Moneyfacts replies: There are a number of accounts on the market aimed at charities, but as you have found, just like standard savings accounts, it is difficult to find a good rate of return.
To find the most competitive rates you need to look away from the big [...]

Last week, Money Mail revealed that greedy banks are paying up to 0.75 percentage points less on fixed-rate cash Isas than on their taxed fixed-rate bonds. Cash Isas pay interest free of tax. Other savings accounts have 20% tax automatically deducted from the interest by the bank or [...]

It had actually gone higher earlier in the day, reaching 6,950.6.
Buoyed by the technology boom, investors threw money at anything that came within the TMT - technology, media and telecoms - sector.
A new index, the FTSE techMARK was launched - in its first two weeks, it shot up [...]

Shoppers ignored the traditions of a quiet, family Sunday to rush to the High Street and grab bargains of up to 50% off the normal price.
Two of the country's biggest retailing giants, John Lewis and Marks & Spencer, started their sales yesterday.
Both were closed on Boxing Day unlike most of their high-street rivals.
John Lewis [...]

The latest issues of its three and five-year growth and income bonds have been pulled from sale, which had attractive rates of 4.3% and 4.6% respectively. This is believed to be the first time NS&I has been without taxable fixed-rate savings for decades as it usually launches a new issue when [...]

The fresh rush is being driven, according to some experts, by a rise in the number of savers coming to the end of high fixed-rate deals taken one or two years ago. Banks and building societies have to juggle a number of factors when pricing rates on [...]