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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. 

Over half of savings deposits are held in non-ISA instant access accounts offering less than 0.25% interest, new Paragon Bank analysis has found.

Paragon Bank is pleased to announce new, increased rates for both its Fixed Rate ISAs and Fixed Rate Savings accounts.

Paragon Bank has announced increases to its range of Fixed Rate ISAs, with the new rates available from today, Friday 7 October. 

Paragon Bank has further enhanced its range of Fixed Rate Savings Accounts with newly announced increases to rates available from today, Friday 30 September.