Government-backed National Savings & Investments (NS&I), which runs Premium Bonds and a variety of savings products, is to launch a new savings account in March with an “attractive” interest rate.
The news will be welcomed by savers who have been suffering amid the historically low interest rate environment.
The financial crisis led to many British savers withdrawing [...]
Sterling is continuing to climb against the US dollar on the back of renewed optimism within the UK economy.
News released today sent the pound back above the $1.70 mark – its highest level since October last year.
According to the Office for National Statistics, industrial output rose unexpectedly in June by 0.5% compared with May. While [...]
European Central Bank’s (ECB) president, Jean-Claude Trichet, is urging major economies not to implement any more stimulus packages by declaring that existing packages are “sufficient”.
Stimulus packages have been implemented in many of the major economies throughout the world and are aimed at boosting economies.
Mr Trichet said that the stimulus packages already in place [...]