Savers grew fixed-rate savings account balances during the final quarter of 2022 as they responded to rising rates, Paragon Bank analysis has found.

Savers recorded the highest level of switching activity on record during the fourth quarter of 2022 as they responded to rising rates, Paragon Bank analysis has found.

Over half of instant-access non-ISA savings accounts are still earning 0.5% or less, despite savings rates increasing in recent months. 

Brits are set to scale back on their holidays this year as they adapt to cost-of-living, Paragon Bank research has found.

Savers are set to avoid spending on big purchases in 2023 and instead plan to grow their savings, new research has found.

Savings deposits held by CACI members increased to £1.01 trillion as the UK economy entered recession, new analysis by Paragon Bank has found.

Households are cutting back their use of key cooking, cleaning, and heating appliances due to rising energy costs, new Paragon research has found.

Nearly half of shoppers have switched to cheaper supermarkets due to the cost-of-living crisis, new research has found.

Savings deposits held by CACI members topped have for the first time topped £1 trillion following a £6 billion month-on-month rise, new analysis by Paragon Bank has found.

Savers are cutting back on Christmas parties, pantos and presents to help pay for essentials, new research from Paragon Bank has found.