NS&I customers holding its T Cash ISA or Cash ISA, which currently pays a paltry 0.5 per cent, will automatically have their money transferred into the company's Direct ISA, paying 2.25 per cent.
From next April, the personal allowance will rise by a further £235 on top of the already announced increase of £1,100, Chancellor George Osborne announced today.
While the FTSE 100 surged to its highest level since mid-October following Barack Obama’s re-election as US president, experts warn the way he and Congress decide to deal with the so-called ‘fiscal cliff’ could have a big impact on US equities.
The Consumer Prices Index (CPI) rate of inflation has fallen back to 2.5 per cent in August, after its surprise increase to 2.6 per cent in July.
The number of people unemployed in the UK dropped by 7,000 to 2.59 million in the three months to July, compared with the previous three months, according to the Office for National Statistics (ONS).
Manek Growth is the worst-performing fund over the past three years and should be dropped like 'a hot stone' from investment portfolios, according to Chelsea Financial Services’ latest dog fund review.
Long-term investors would be foolish to turn their backs against emerging markets despite the sector's two-year blip, according to Legal & General Investment Management.
There might be some respite for suffering savers as the average fixed-rate bond rates have started to rise in the last two months, according to new research from MoneySupermarket.
Average house prices in the UK dropped by 1 per cent in the second quarter of the year, with prices down 1.1 per cent compared to a year ago, according to Nationwide's house price index.
Retail customers may soon receive greater protection should their bank fail, according to a banking reform white paper.