5 August 2009 Archive

Santander: Fixed rate bonds at 4.15%

Santander's UK has introduced new fixed rate bonds paying up to 4.15 per cent for customers of their Abbey, Alliance & Leicester and Bradford & Bingley.

Caveat emptor: HBOS and LLoyds TSB - 05/08/2009 12:18

At the time, it seemed like a good idea.

Eight out of ten current accounts have interest under 0.10%

Keep current accounts for bills and find interest elsewhere

A total of 83 per cent of current accounts offer interest below 0.1 per cent and 49 per cent pay no interest whatsoever.

Leeds: 5 year fixed ISA at 4.6%

Leeds has unveiled a five year fixed rate ISA with a rate of 4.6 per cent gross per annum tax free.

HBOS losses bore £4bn hole in Lloyds Banking

Is LLoyds Banking's black horse looking behind it at the full cost of taking HBOS?

Lloyds Banking today reported losses of £4 billion as bad debts at HBOS drilled into the performance of the merged group.

Fixed-rate bonds beating ISAs

Savings may be better in a fixed-rate bond than an ISA

While savers are well-advised to make full use of their tax-free allowance, a competitive fixed-rate bond market may mean higher rates are available elsewhere.