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Savings

Bradford & Bingley launches competitive eSavings account

Bradford & Bingley has launched eSavings5 today, a competitive internet-only savings account, with no restrictions, designed to appeal to both large and small investors.

Scarborough boosts tracker rate to an outstanding 6.40%

Scarborough Building Society is re-launching its competitive Direct Exclusive Saver account with an enhanced rate of 6.40%, gross APR (compared to 6.30% previously).

BM launches market leading fixed rate bond

Birmingham Midshires, one of the UK’s top fixed rate bond providers, has announced the launch of a market leading One Year Fixed Rate Bond, available from Saturday 27 October.

Babyboomers swap work for sun and fun

Baby Boomers of the fifties are shunning a pipe and slippers retirement and looking towards a more sun and fun-filled time, according to research by Bradford & Bingley.

High guaranteed rate and unlimited penalty free access

Leeds Building Society is set to launch a new postal savings account that combines a high guaranteed rate of 6.40% AER (6.35% gross) and unlimited penalty free access to funds for customers, at any time.

Leeds launches Online Freedom 50 account

Leeds Building Society has launched a new online savings account for customers aged 50 or above which guarantees to pay Bank Base Rate plus 0.70%, currently 6.45%, until 30 April 2008 with unlimited access at any time, without notice or penalty.

Barclays bucks the trend

While the rest of the savings market seems to be booming with increasing rates and new best buy products being launched almost daily, this week Barclays Bank became the first provider to announce a reduction in its savings range during this period of base rate stability.

Double your reason to save at Chelsea

From Saturday 27 October 2007 there is even more reason to open a savings account with Chelsea.

Bank Of Ireland offshore unveil International Kick-Out Bond

Bank Of Ireland (I.O.M.) Limited, in conjunction with its branch Bristol & West International, based in Guernsey, has launched the International Kick-Out Bond.

NS&I reduces interest rates on fixed rate savings

NS&I (National Savings and Investments) will be decreasing the interest rates on a range of its fixed rate savings offers by up to 0.60% per annum. All new rates come into effect on 24 October 2007.

NatWest launches investment offering protection and growth

NatWest has launched a new investment, the NatWest Capital Protected Investment, aimed at those looking for growth potential as well as security.

Company employees lose out in capital gains tax changes

Yorkshire Building Society, one of the biggest providers of employee Sharesave Schemes, has today called for the Chancellor to look in more detail at the implications of the new Capital Gains Tax (CGT) announced in Tuesday’s Pre-budget statement, and its effect on employee share plans.

CGT - "Good news for smaller savers"

The IMA welcomes the Government's proposed reforms to capital gains tax and calls upon the Government to implement them in next year's Budget.

British adults expect property to contribute most to retirement

Despite indications of a cooling housing market in most parts of Britain, people’s faith in bricks and mortar to fund their retirement increased dramatically over the past 12 months.

Abbey issues new fixed-term savings bonds

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.