30 July 09 - 12:24Finding a decent savings accounts

One of the more highlighted features of the financial crisis is that savings rates have plummeted on savings accounts. Anyone who has diligently saved over the past few years now faces being punished by existing low interest rates for savers. However, now that the threat of financial collapse is receding, savers are reportedly worrying less about how safe their money is, as much as getting decent returns on savings. This is especially important because the volume of savings in the UK has actually gone up, even though many current accounts are paying little interest - with some ... (more)

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30 July 09 - 11:13UK economy still in danger

This spring's green shoots are being increasing shown to have misplaced optimism, with economic conditions continuing to worsen within the UK - GDP continues to fall, and expectations of a recovery for next year remain muted.

While it's easy to just look at the UK in isolation, there are a couple of major economic pointers on the horizon that suggest the world's economy could suffer major set backs - even before a recovery has begun. And this is likely to bode ill for Britain, with existing downbeat expectations potentially proving to be optimistic if these factors play out. ... (more)

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