Daily Mail Articles

12,000 savers face wipeout as Wellesley Finance teeters on the brink

12,000 savers face wipeout as Wellesley Finance teeters on the brink

Earl of a loss! Lured in by a well-connected aristocrat… now 12,000 savers face wipeout as Wellesley Finance teeters on the brinkGraham Wellesley, the 8th Earl Cowley, founded Wellesley Finance in 2013Savers were lured with promises of extremely attractive rates on their moneyNow told entire holdings could be wiped out if they refuse to back rescue deal By Lucy White For The Daily Mail Published: 16:53 EDT, 29 September 2020 | Updated: 18:17 EDT, 29 September 2020

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Accounts that offer prize draws could be savers' only hope 

Accounts that offer prize draws could be savers' only hope 

What are the odds of you hitting the savings jackpot? Accounts that offer prize draws could be savers’ only hopeMore providers are now offering savers the chance of winning cash prizes Last week NS&I announced it would be soon slashing the number of prizesNationwide account offers chance to win £10,000, on top of ordinary interestBy Amelia Murray For The Daily Mail Published: 17:22 EDT, 29 September 2020 | Updated: 18:08 EDT, 29 September 2020

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Could you save thousands by paying to swap your mortgage?

Could you save thousands by paying to swap your mortgage?

Could you save thousands by paying to swap your mortgage? Three million Britons could be trapped in expensive deals with base rate at record lowExperts normally don’t advise switching in the middle of the fixed-rate period But the Bank of England is hinting that it might introduce negative interest ratesMortgage rates may plummet further, so could it be worth paying to escape? By Rosie Taylor for the Daily Mail Published: 17:01 EDT, 29 September 2020 | Updated: 18:05 EDT, 29 September 2020

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