Investment News – Why bank savings are losing you money

Why bank savings are losing you money

Investment News – The Queen stepped in this week to urge for greater protection for savers.

A shocking report shows that 8 out of 10 bank savers most are losing money by placing our cash in a savings account. So if you have cash in the bank right now, you’re actually losing money.

Abbey is pushing the pace up on competition. They’ve launched a new current account with no fees. Will UK banks be on their knees with this new product?

This week’s property news

We hear from a bunch of businessman sick of being turned away by their banks. So they’ve gone to the councils to set up a community bank for local businesses. Find out why this is an excellent idea to create some extra competition.

More house price predictions. We take a look at the top 5 experts make their predictions for 2010 – this range from growth of 2 to 3 per cent to fall of 6 per cent. Who can we trust and what are the reasons for their huge differences?

As always if you have any questions or want to have a chat about current opportunities call the team on +44 (0)207 923 6100.

Live with passion,
Brett Alegre-Wood

About the Author

Brett has over 20 years experience in all facets of property, he owns various companies centred around property and is the driving force behind the education and training at Gladfish. His companies have sold over £850 million in UK and London property and he manages over 1200 properties through his estate agency chain. Today he shares his time between UK, Australia and Singapore. He is married to Arlene and together they have 4 kids.

>