MoneyMagpie Editor and financial expert Vicky Parry warns Brits to stash the cash – and shares what to do if your online banking goes down It is always a good idea to have cash, says Vicky Parry(Image: Getty Images/iStockphoto) From the Marks and Spencer hack to banking systems repeatedly going down in recent months, we’re
Households are seeking a safety net in time of global volatility, according to the Bank of England’s chief cashier 11:09, 12 Jun 2025Updated 11:28, 12 Jun 2025 Many people still prefer to use cash(Image: Rosemary Calvert via Getty Images) UK households have been issued a warning to “hoard physical cash” as Brits scramble to respond
The Bank of England cut the base rate from 4.5% to 4.2% last week – and savings providers are usually quick to cut the interest rates they have on offer at the same time Martin Lewis has an urgent message to savers(Image: ITV) Money Saving Expert Martin Lewis has issued a stark warning to Brits
THE UK economy grew in the third month of this year – more than expected. The Office for National Statistics (ONS) said Gross Domestic Product (GDP) went up by 0.7% in the quarter to March. 1 The Office for National Statistics has released its latest monthly GDP dataCredit: Alamy This was stronger than the 0.6%
When the base rate changes, it has an impact on your borrowing and saving, as banks and lenders will update their interest rates to reflect the Bank of England decision 12:02, 08 May 2025Updated 12:16, 08 May 2025 The Bank of England has announced its latest interest rates decision(Image: Getty Images/iStockphoto) The Bank of England
INTEREST rates are likely to fall at the fastest pace since the 2008 financial crash, economists are predicting. The Bank of England is widely expected to cut its base rate on Thursday from 4.5% to 4.25%. 1 Mortgage lenders have been slashing interest rates in recent weeksCredit: Alamy This would mark the second rate reduction
Last week, the global financial markets displayed some stability following a reduction in tariff tensions between the US and its trading partners. Concerns about a potential economic slowdown in the US arose after the release of disappointing ADP data. The anxiety over a recession intensified as the Q1 GDP figures revealed an unexpected contraction in
GETTING to grips with your finances can be daunting, but by following some simple rules it’s not as hard as you think. Whether it’s saving for the future, learning to budget or cutting your living costs there’s plenty of ways to make your money work harder. 11 Taking control of your finances doesn’t have to
GETTING to grips with your finances can be daunting, but by following some simple rules it’s not as hard as you think. Whether it’s saving for the future, learning to budget or cutting your living costs there’s plenty of ways to make your money work harder. 11 Taking control of your finances doesn’t have to
According to the experts at Investing Insiders, cash ISA interest rates are at their highest level in six months and with the Central Bank expected to cut rates next month these are set to come crashing down The Bank of England are expected to cut interest rates next month – which means rates on savings