Savings
Britain’s streets are paved with £186 million
The average person pockets £4 a year from picking up pennies from the street according to research by leading independent personal finance website Fool.co.uk. That may not sound like much but, across Britain, this equates to a potential £186 million a year.
Bradford & Bingley launches trio of fixed rate bonds
Bradford & Bingley has today launched three competitive fixed rate bonds, ideal for savers who are looking for attractive returns on their savings at a guaranteed fixed rate.
Regular savers put aside over £1,300 a year for children’s futures
New analysis by Norwich and Peterborough Building Society (N& P) of nearly 3,000 children’s savings accounts, where money was paid in monthly, found that in 2007 savers put on average £112 a month into a child’s savings account.
NS&I interest rate reductions
NS&I (National Savings and Investments) will be decreasing the interest rates on a range of its fixed rate savings offers by up to 0.50% per annum on 23 January 2008.
Leeds launch 1-Year Fixed Rate Bond
Leeds Building Society has launched a 1-Year Fixed Rate Bond paying up to 6.20% gross p.a. / AER. Furthermore, there is a monthly interest version for people who require an income and access to up to 50% of their funds, without notice or penalty, at any time.
Leeds launch 6-Month Fixed Rate Postal Bond
Leeds Building Society has launched a 6-Month Fixed Rate Postal Bond paying 6.20% AER (6.11% gross per annum). Furthermore, customers can have access to all of their funds at any time without notice or penalty.
Alliance & Leicester's fixed rate bond is a sell out
Due to the unprecedented popularity of Alliance & Leicester’s recently launched Fixed Rate Bond, the product has now been withdrawn.
Fixed rate bonds are back, hitting "007" per cent
Commenting on bonds bucking the interest rate trend, Kevin Mountford, head of savings at price comparison site moneysupermarket.com, said: "Fixed rate bonds are making a comeback with a barrage of new launches, and competitive rates even hitting seven per cent AER.
Fidelity FundsNetwork launches investment bond spring sale
Fidelity FundsNetwork is set to launch its Investment Bond Spring Sale with a double special offer for advisers and their clients to take advantage of.
Abbey launches latest tranche of fixed-term savings accounts
Abbey Savings has launched its latest tranche of fixed-term savings accounts for customers looking for a guaranteed return on an amount of money they can lock away for a set time.
Nationwide launches range of new bonds
Nationwide Building Society has announced that it will be launching a range of new bonds offering competitive interest rates and guaranteed returns for savers. With effect from Friday 18 January 2008, the following bonds will be available:
Alliance & Leicester launches market leading fixed rate bond
Alliance & Leicester Savings has launched a new, limited edition 1 Year Fixed Rate Bond with a great interest rate of 7.00% fixed gross pa/AER, the best rate available in the market for a standard one year Fixed Rate Bond.
100,000 regular savers attracted to long-term good value at Nationwide
Next week, Nationwide Building Society celebrates the first anniversary of its Regular Savings account – an account which attracts, on average, 10,000 new accounts each month.
Fixed rate savings take a tumble
Rachel Thrussell, Head of Savings at Moneyfacts.co.uk, comments: “High savings rates have been a by-product of the credit crunch, as providers source deposits as an alternative option to raising funds on the money markets.
Barclays launches new Regular Income Bond
Barclays is launching a new investment plan paying an annual income of 7.25 per cent as IFA demand for products with quantifiable risk / return profiles continues to mount.