Abbey strengthens current account offering with 0 per cent overdraft for twelve months

Posted in: Current Accounts
From today, Abbey Banking is offering people who switch to its preferred overdraft rate account (PODR)(1), an interest free overdraft for 12 months.  After a year, customers revert to an advance overdraft rate of 12.9 per cent – one of the lowest on the market.

Chancellor calls for energy companies to ease the burden on vulnerable customers

Posted in: Banking and Saving
Since the start of the year, price rises have plunged a further 500,000 into fuel poverty, bringing the total number of people caught in the trap to 4.5 million.

UK tax regime should reward hard work, say Brits

Posted in: Cash ISA's
85 per cent of Brits believe that the current UK tax regime needs to do more to reward those who work hard and save well, according to new research1 from Abbey Savings.  When questioned on taxation issues, 89 per cent of respondents believed that all savings should be tax-free and 57 per cent stated that greater tax breaks in general would encourage them to save more.

Money Matters Hit UK Conversation As Well As Wallets

Posted in: Cash ISA's
Financial issues such as falling house prices and rising inflation are now talked about more than sport, politics and celebrity gossip.  Research* from Alliance & Leicester Savings reveals that half of Brits (50%) have recently discussed finance related issues with friends, family and even colleagues, with just a quarter (26%) talking about celebrities and less than half debating events at Westminster (46%) or mulling over the latest sporting match (40%).

Egg Cash ISA pays an interest rate of 6.05% gross p.a./AER variable

Posted in: Cash ISA's
With only 26 days left until the end of the tax year Egg’s Cash ISA paying 6.05% gross p.a./AER variable offers great value for customers who want to take out a cash ISA in 2007/2008 or are thinking of subscribing to a cash ISA in 2008/2009.