Savings News

Burnham plans to reduce energy bills by up to £200, as Ofgem's energy price cap is set to increase by £60 per year.

The recent bond market sell-off in the UK is raising concerns about increased borrowing costs for households, potentially impacting mortgages, pensions, and sav

UK savers are reportedly losing out on £12 billion annually, according to Bank of England figures, as banks benefit from the current financial climate.

LIC has introduced two new insurance plans, Bima Platinum and Jeevan Raksha, for its 70th anniversary; Bima Platinum combines savings and income benefits with l

Despite higher salaries, earning more in Bengaluru may not lead to increased savings due to the city's high cost of living. An analysis comparing Bengaluru with

The Financial Conduct Authority (FCA) is urging thousands of young adults to check for missing Child Trust Funds, potentially worth £2,000. Over six million suc

Households could save up to £173 annually by switching to a fixed energy deal, which would help cushion the impact of the upcoming October price cap rise and pr

The Delhi Lakshmi Yojana was launched on August 26, 2026, providing eligible women with Rs 2,500 monthly, with a significant portion directed into locked saving

Co-op Bank is expected to transfer all its customers to a rival lender following a £780 million takeover, though customers with savings, credit cards, or mortga

In 2026, India's household budgets show grocery spending falling by 8% and rent increasing by 21%, with GST 2.0 leading families to prioritize savings, better f

A 69-year-old beggar named Noor in Mandya passed away, leaving behind surprising savings of Rs 8.40 lakh, accumulated from coins and a bank account, revealing a

A common misconception is causing nearly a million pensioners to miss out on DWP payments, as individuals with over £10,000 in savings may still be eligible for

PFRDA प्रमुख एस. रामन ने बताया कि भारत की सेवानिवृत्ति आय प्रतिस्थापन दर वैश्विक स्तर 60% से कम, केवल 35-40% है, और भारतीयों से अधिक बचत करने का आग्रह किया.

NS&I has increased the prize fund rate for Premium Bonds, leading to an estimated 308,000 more prizes available in the September draw.

Premium Bond prizes have seen their biggest increase in years, and the current 4.35% rate may soon be raised again, as predicted by Sylvia Morris.

NS&I is expected to boost Premium Bonds odds by adding 12 extra £100,000 prizes.

A mother in Costa Rica saved for nine years to purchase land and subsequently built her own home.

National Savings and Investments (NS&I) has increased the underlying rate on Premium Bonds to 4.35% from the previous 3.8%, which is expected to result in 95 mo

Reform UK is set to unveil a comprehensive 50-page plan on Monday detailing their proposed overhaul of the welfare system, aiming to achieve £50 billion in savi

A Pravasi trust has proposed to Kerala Chief Minister V.D. Satheesan to tap into Non-Resident Keralites' (NRK) savings to fund the proposed high-speed railway p

A survey by St James's Place revealed that 54% of young adults reported their finances have recently impacted their mental health, with nearly two-fifths of all

A farmer in Balotra buried Rs 5 lakh in cash in his field for safekeeping but forgot the location, leading to termites destroying his savings nearly a year late

The Government Accountability Office (GAO) reported that DOGE's "wall of receipts" contained inaccuracies, including an overestimation of its savings.

Despite Indian households being highly disciplined savers, a growing portion of their savings is directed towards unproductive assets. This trend is hindering b