News

Outlook On to high-yield savings and AgriBank, which has generated a flurry of excitement by offering a bond that might allow your money at least to keep pace with inflation.

Crisis deepens for Iceland as last of 'big three' banks is nationalised

The financial crisis in Iceland shows no sign of easing, with the government forced to announce the nationalisation of the country's largest bank yesterday. After taking control of Kaupthing, the Icelandic authorities were also forced to suspend dealing in all 15 companies listed on the country's stock exchange until Monday.

UK councils at risk in Icelandic bank failures

Dozens of local authorities are facing the prospect of losing hundreds of millions of pounds after it was revealed that many had sizeable deposits with the failed Icelandic banks Landsbanki and Kaupthing.

300,000 British savers left waiting

More than 300,000 Britons who have savings with the Icelandic bank Icesave have been told that they may have to wait weeks or even months to get their hands on their money, after the bank's parent, Landsbanki, went into receivership.

Landsbanki's nationalisation explained

One of Iceland's biggest banks, Landsbanki, was nationalised by the country's government today.

Worries for UK internet savers as Icelandic bank is nationalised

Internet bank Icesave today stopped savers withdrawing their cash after its parent company was nationalised by the Icelandic government.

Savings: Building societies beat banks

For consistency, try the mutuals

Wealth Check: 'How best should I invest my £200,000?'

Helen Gibson, 70, a retired teacher from Bishop's Stortford, doesn't want to worry about money as she gets older. Helen recently sold her family home to move into sheltered accommodation, and has given away some of the proceeds to her family. She has paid off her children's mortgages and has placed £5,000 in tax-free savings plans for each of her four grandchildren, making the most of inheritance tax gift allowances.

Graduate news: Recruiters fear they will not fill vacancies

Graduate vacancies are on the increase for the fifth year running, in spite of uncertainties regarding the UK's current economic situation, according to the latest bi-annual survey from the Association of Graduate Recruiters (AGR). The number of vacancies anticipated for graduates entering the market into graduate level jobs this year will increase by 16.4 per cent, while salaries for entrants will also increase by a median of 2.1 per cent – around the level of inflation – bringing the median salary for graduates to £24,000.

The ice men can melt savers' hearts. But will their rates stay faithful?

Foreign providers have burnt British fingers before. The Viking invasion should be different, finds Kate Hughes
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