Savings

Initial Savings Amount (£):

The initial savings amount.

Monthly Deposit (£):

The monthly savings amount.

Average Annual Interest (%):

The average annual interest rate.

Average Annual Inflation (%):

The average annual inflation rate.

Number of Years:

The number of years to save over.

Capital Investment (£):

The amount to consider as the investment into the fund.

Rate Of Return:

The expected annual rate of return of the investment.

Note: These calculations are only for illustrative purposes and are not a substitute for professional advice.

The latest news

29 Apr 2025

Chancellor unveils plans to maintain level playing field for British business

Chancellor Rachel Reeves has said British businesses will be supported in trading freely as she takes action on practices that undercut fair trade, such as the dumping of cheap goods into the UK.

28 Apr 2025

IHT receipts reach record £8.2 billion

Figures published by HMRC have revealed that Inheritance Tax (IHT) receipts reached a record £8.2 billion in the 2024/25 tax year as a result of rising asset values.

25 Apr 2025

Government taking right approach to tariff negotiations

The UK government is taking the right approach to tariff negotiations with the US despite downgrades to the economic outlook, says the British Chambers of Commerce (BCC).

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Savings

The latest news

Chancellor unveils plans to maintain level playing field for British business

IHT receipts reach record £8.2 billion

Government taking right approach to tariff negotiations