Savings News
Latest updates on savings rates, new products, and market changes in the UK.
Subscribe to RSS Feed
HMRC Closes Cash ISA Loopholes (April 2027)
HMRC has moved to shut down two major gaps in the new £12,000 Cash ISA limit, blocking transfers from investment ISAs and introducing charges on interest earned on uninvested cash. The changes will apply from April 2027.
Cash ISA Limit Cut to £12,000: What to Do Now
Chancellor Rachel Reeves will cut the annual Cash ISA allowance from £20,000 to £12,000 in the Autumn Budget. Here’s what the change means, when it takes effect, and the best Cash ISAs worth considering before the new limit arrives in April 2027.
Market-Leading 4.55% Cash ISA from Hargreaves Lansdown
After the Bank of England held base rate at 4%, Hargreaves Lansdown has come out with a market-leading 4.55% AER easy-access Cash ISA. Here’s why it’s compelling, how the wrapper works, and what to know before you open.
FSCS Protection Rises to £120,000: What UK Savers Need to Know
The FSCS deposit protection limit will rise from £85,000 to £120,000 on 1 December — its first increase in eight years. Here’s what the change means for your savings, temporary high balances, and how to spread money safely across UK-regulated banks.
Base Rate Decision This Week: Is it time to switch?
The Bank of England will announce its next interest rate decision on Thursday 6 November. Here’s what a hold or a cut could mean for your easy-access, ISA and fixed-rate savings, and why it pays to watch the market right after the announcement.
