After fixed links? There are better interest rates available …
These NS & I bond problems can be of interest to some if they want to obtain a guaranteed amount in the coming years … but there are definitely better rates in the market at this time.
Here is our summary of savings rates: we also cover easy access and ISA tariffs in cash here, but there are fixed rate offers to be considered below.
They begin at 4.43 percent or more, so it is definitely worth looking around instead of immersing themselves directly in the NS & i.
Karl MatchettJuly 3, 2025 15:44
NS and I announced the new savings bonds of Isa Junior Isa
NS & I, the owner of Premium Bonds, has announced a new Junior Isa rate that enters into force as of July 18.
The Jisa allow them to be placed up to £ 9,000 in an account annually to accumulate tax -free savings for children, who can access and use them from the age of 18.
Its new interest rate for the product is 3.55 percent.
In addition, a range of new 2, 3 and 5 -year -old bonds have been confirmed, available immediately.
Each has an income rate of 3.85 percent to 3.88 percent aer.
Andrew Westhead, retail director of NS & I, said: “[These products are] In response to changes in the broader market and ensure that we continue to offer a range of fixed term options while we balance the interests of savers, taxpayers and the broader financial services sector.
“This is the first change in our Isa Junior interest rate in almost two years, which reflects our continuous commitment to help young people save for their future.”
Karl MatchettJuly 3, 2025 15:26
Rachel Reeves's brave face cannot mask the challenges she now faces
Hours before, the prime minister had effectively linked his destiny with that of his chancellor, declaring that “we work together, we think together” and that Mrs. Reeves will be in place until the next general and, optimistic elections, beyond.
Archie Mitchell about what follows for the chancellor:
Karl MatchettJuly 3, 2025 15:00
The United Kingdom Services Sector that grows at the fastest rate in almost a year
The United Kingdom services sector is growing at the fastest rate in ten months, according to a new report.
The PMI survey of S&P Global UK Services PMI obtained 52.8 for the month of June, compared to 50.9 in May. A reading above 50 means that the sector is growing; Then it means that he is hiring.
Some companies still stressed that economic conditions limited growth prospects, while data also shows inflation and reduced hiring.
Karl MatchettJuly 3, 2025 14:45
The US labor market is still strong: the cut of interest rates is unlikely
Donald Trump has not been shy so that the world knows that he wants Fed to reduce interest rates, but have been firm.
With the next change of change of change, a continuous deceleration in the works could have increased the pressure to do exactly that … but a surprise drop in unemployment has emerged.
Lindsay James, investment strategist in Quilter, said:
“The economy of the United States continues to confuse expectations, with the labor market adding 147,000 jobs in June, well above the expectations of consensus and recent averages. In addition, the unemployment rate fell to 4.1%, which suggests that the economy of the United States remains solidly. The nervousness is the nervous In the reciprocal rates of next week, it has begun that the deployment of the deceleration was that the deceleration of the deceleration was that the deceleration of the deceleration was that the deceleration was that the displacement of the deceleration was that the deceleration was that the deceleration was that the deceleration.
“However, for now this seems to be far from the case. These work numbers will also receive much more attention than usual because investors are looking for any sign that the labor market is beginning to weaken enough to trigger a cut of interest rates in July.
“Ultimately, this gives Jerome Powell and the Federal Reserve the coverage that will want to keep the fees at the next meeting.”
Karl MatchettJuly 3, 2025 14:27
Exclusive: tariffs that cost small companies £ 17,000 on average
There has been one of the first studies on the impact of Trump's rates and the Independent has exclusively seen the data on how it is affecting small and medium enterprises in the United Kingdom.
It is not a beautiful image for importers and exporters, which are not naturally equipped to face additional challenges, such volatility in financial markets to which these business sagas have led.
The average cost for them is expected to be around £ 17,000, and two percent of SMEs believe that the impact will pass beyond £ 1m.
“There is a lot of hidden activity: SME companies constantly face change,” said Jonathan Andrew, executive director of Bibby Financial Services. Independent. “Companies are making constant operational changes and even small businesses have to evaluate how things affect their own business.
“Nothing is not an option, that is the reality of the tariffs that dawns now.”
Read the full report here:
Karl MatchettJuly 3, 2025 14:14
What tax increases could Rachel Reeves introduce to pay the U -5 billion turn?
Millie Cooke, our political correspondent, has analyzed the next budget to predict where taxes approach:
Following the U turning, there are now growing questions about how the government will raise money to fill the black hole in public finances.
The ministers have already squeezed significant savings of their departments in cuts that were revealed in the review of expenses last month, which means that there is now a growing expectation that the chancellor will be forced to increase taxes.
Karl MatchettJuly 3, 2025 13:20
UK market update: pound, bonds, ftse 100
Now, in the afternoon after a positive session in the morning, it is worth seeing how all the main markets are going after yesterday related to Rachel Reeves.
He pound It is a little lower against the dollar than mid -morning, but more 0.06 percent remains for the day: £ 1 is $ 1,3658.
Very observed 10 -year bond yields They are advancing up and down during the day, but in a bearish trend: the performance movement has dropped 1.67 percent today, which leaves the actual yield by 4,544 percent.
And the Ftse 100 It is having a fairly decent day, 0.47 percent more that is close to a complete 1 percent gain for this week so far.
Karl MatchettJuly 3, 2025 13:00
Calls ISAS to allow investment in private assets
People should be allowed to invest in private assets within their ISA, says the head of investment association.
It is a controversial problem that requires a lot of education before possible, but Chris Cumming said that it could have a “deep” impact on the wealth of people on retirement.
In the midst of concerns about liquidity in the private market, the head of the IA said: “That is what is a cash account.”
Karl MatchettJuly 3, 2025 12:50
Ryanair cancels 170 flights after air traffic control controls
Ryanair has canceled 170 flights due to French air traffic control attacks.
Flights are Thursday and Friday and include destinations such as Greece, Spain and the United Kingdom.
The CEO Michael O'Leary said: “Once again, European families are arrested by French air traffic controls that are smeared.
“It is not acceptable that flying over French airspace on the way to their destination are canceled/delayed as a result of another French ATC strike.”
The shares have dropped 1.2 percent today and 0.6 percent in a month.
Karl MatchettJuly 3, 2025 11:59