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Moneyfacts.co.uk News brings you the latest financial & economic news & reviews of the best products in the UK by our team of money experts.

News Stories

The cost of Christmas set to be £1,500

Updated: 20th November 2017 - First Published: 20th November 2017 How much are you planning to spend this festive season? Well, according to research from American Express, it could tot up to a staggering £1,490, so it’s time to see where savings could be made! Read More...

Variable savings rates fell in run-up to base rate

Updated: 20th November 2017 - First Published: 20th November 2017 Savers may have hoped that the base rate rise would lead to some improvement in the savings market, but not only has there been a lacklustre response from providers, many actually cut their variable rates in the weeks leading up to the announcement. Read More...

Brits set to spend billions on Black Friday

Updated: 17th November 2017 - First Published: 17th November 2017 It’s one of the biggest shopping days of the calendar, and it’s happening next week – Black Friday is almost upon us, and Brits are set to spend billions during this one key event. Read More...

6 of the best high interest current accounts

Updated: 16th November 2017 - First Published: 16th November 2017 At one time, savings accounts were the only sensible place to put your hard-earned cash, but thanks to rising inflation, it's becoming increasingly difficult to secure a meaningful return. Read More...

Pre-retirees are gambling on income

Updated: 16th November 2017 - First Published: 16th November 2017 Many people long for the day they can give up work and enjoy retirement, but have you considered how you’ll pay for it? Unless you’ve planned sufficiently, it may be less comfortable than you're hoping, yet many are gambling on their future income. Read More...

Would you use equity release cash for a holiday?

Updated: 15th November 2017 - First Published: 15th November 2017 A growing number of retirees are turning to equity release to bulk up their bank balance, but what do they do with all that extra cash? Well, while some repay debt or boost their income, others use at least some of it for a well-deserved break. Read More...

Base rate expectation caused remortgage boost

Updated: 15th November 2017 - First Published: 15th November 2017 We know now that the base rate rise happened, but expectation of that had a significant impact on all kinds of financial markets leading up to it, none more so than the mortgage market, with remortgaging activity seeing a particular jump. Read More...

Fixed bond rates surge to 18-month high

Updated: 15th November 2017 - First Published: 15th November 2017 The fixed rate bond sector has seen some welcome competition in recent weeks, so much so that average rates have stormed ahead, with our figures revealing that both the two and three-year bond rates have surged to an 18-month high! Read More...

Top inflation-beating savings accounts

Updated: 14th November 2017 - First Published: 14th November 2017 Inflation has hit 3%, which means it’s all but impossible to secure a meaningful return from your savings. Negative interest rates are a very real thing, so in real terms, your money is being eroded - unless you can find an account that beats it. Read More...

Savers left underwhelmed by base rate rise

Updated: 14th November 2017 - First Published: 14th November 2017 The base rate rise earlier this month should have been positive news for savers, yet they’re as yet largely underwhelmed, with providers having taken an unenthusiastic approach to passing on the rate rise – and inflation isn’t exactly helping. Read More...


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