Paragon Bank has today launched market-leading one and two-year fixed-rate ISAs, supporting savers who want to build tax-free balances. 

Over half of British consumers have changed their supermarket shopping habits in the face of rising food price inflation, Paragon Bank research has revealed. 

The financial confidence of savers improved during the second quarter of the year, but consumers are still cutting back on spending in the face of inflationary pressures, Paragon Bank found.

Paragon Bank has boosted the rate of its non-ISA Double Access savings account, paying a stand-out rate of 4.75% AER.

Savers have continued to focus on one-year fixed rate accounts, Paragon Bank analysis of market data has revealed.

Paragon Bank has increased the rate of its 1 Year Fixed Rate ISA to a market leading 5.75%.

Paragon Bank has bolstered its access savings account range with the launch of a Double Access savings account, paying a market-leading rate of 4.60% AER. 

Savers are leaving a third of adult ISA and non-ISA instant access balances in accounts earning 1% or less in interest despite the increasing rate environment, Paragon Bank analysis has revealed.

Paragon Bank has increased rates across a raft of fixed-rate, ISA and Notice savings accounts. 

More than one in 10 over 55-year-olds are moving, or would like to move home, in the next 12 months, Paragon Bank research has revealed.