NatWest savings products unveiled

High street bank NatWest has unveiled new savings products.

Three new offerings have been launched targeting savers across the range.

The move comes as the financial services sector and the government look to get more people saving for the future.

"We are pleased to be able to increase the rates on two of our most popular products and also introduce this new fixed rate bond," said Helen Page, director of NatWest Brand.

"We believe that our range suits the varying needs of our customers from those just starting out with savings, to those with money they need to access and then of course to those who are looking to put their money away for longer with a guaranteed interest rate."

Ms Page added: "With these new competitive rates we are able to offer our customers some of the best rates on the market."

Following last year's interest rate rise, consumer spending has slowed and more people are thinking about putting money away for a rainy day.