|    FM Home   |    FM News   |    FM Forum   |    FM Blog   |   
04th of December 2010
|    Banking  |   Insurance  |   Property  |   Mortgages  |   Economy  |   Investments  |   Credit Cards  |   Debt  |   Loans  |   Pensions  |   Companies  |  

News Tag: 5%

September 3, 2010

£5 notes to be reconciled with ATMs

by Gill Montia
£5 notes to be reconciled with ATMs
The five pound note is to re-establish itself in the wallets and purses of the nation on the news that all banks and building societies will be dispensing fivers from ATMs in the future. Currently, scarcity means that £5s change hands many more times than other notes before being returned for sorting and the increased wear and tear, relative to other ...




July 8, 2009

Nationwide “throws down the gauntlet” with new bond rates

by David Masters
”Nationwide
Nationwide Building Society yesterday increased the interest it pays on fixed-rate bonds and e-Bonds, with a headline interest rate of 5%. The fixed-rate bonds are available to anyone, while the e-Bonds are available online to any Nationwide customer with a Nationwide FlexAccount. Both accounts are available for one year, 18 months, two years, three years or five years. The interest rate ...




May 27, 2009

Lloyds TSB pays 5% on monthly saver

by David Masters
”Lloyds
Lloyds TSB has increased the interest rate on its monthly saver account to 5%. The rate is fixed for 12 months and is available to account holders who deposit between £25 and £250 per month. Penalty-free withdrawals can be made from the account at any time. Colin Walsh, Lloyds TSB managing director of savings and investments, said given the current financial climate, getting ...




April 2, 2009

Principality launches 5% ISA

by David Masters
Principality launches 5% ISA
Principality Building Society yesterday launched a new individual savings account (ISA) paying interest at a fixed-rate of 5.00% AER tax free. Between £20 and £300 can be saved in the ISA each month. If the maximum amount isn't saved each month, then the account can be topped up in March 2010 to ensure that the full £3,600 allowance is used. The ISA's launch comes as ...




March 10, 2009

The Nottingham launches 5% children’s account

by David Masters
The Nottingham launches 5% children's account
The Nottingham has launched a new savings account designed to meet the needs of children under 16. The Child Regular Saver can be opened with a deposit of just £10, and offers a guaranteed interest rate of 5% fixed until April 2010. Relatives can pay up to £100 into the account every month. Once the account matures on 15 April 2010 it automatically transfers ...




February 5, 2009

Abbey issues 5% Super Saver

by David Masters
Abbey issues 5% Super Saver
Abbey launched a number of new savings accounts this week, including new issue bonds and a Super Saver account. The new bonds pay gross interest at a fixed rate of 2.25% for one year, or 3% for three years. Both options pay more than the current Bank of England base rate. The new 12-month Super Saver pays gross interest at 5% for one year. Customers can ...




September 4, 2008

Interest rates on hold at 5%

by Kay Murchie
”Interest
The Bank of England’s Monetary Policy Committee (MPC) has decided to keep UK interest rates on hold at 5%. The move was widely expected by analysts as the Bank battles with a possible recession and runaway inflation. This is the fifth month that interest rates have remained the same. David Blanchflower, a member of the MPC, recently hinted that he would vote for ...




August 7, 2008

Interest rates on hold at 5%

by Kay Murchie
”Interest
The Bank of England’s Monetary Policy Committee (MPC) has decided to keep UK interest rates on hold at 5%. The move was widely expected by analysts as the Bank battles with a slowing economy and runaway inflation. Recent reports have suggested that the economy could be heading for a recession. According to Hetal Mehta, senior economic advisor to the Ernst & Young Item ...




July 10, 2008

Interest rates on hold at 5%

by Kay Murchie
”Interest
The Bank of England’s Monetary Policy Committee (MPC) has met this morning and decided to keep UK interest rates on hold at 5%, which was widely expected, despite requests from businesses to cut rates following fears about a likely recession in the UK. Inflation currently stands at 3.3%, well above its 2% target rate, which is why many analysts forecasted rates to ...




June 5, 2008

Interest rates on hold at 5%

by Kay Murchie
”Interest
The Bank of England’s Monetary Policy Committee (MPC) has met this morning and decided to keep UK interest rates on hold at 5%, which was widely expected. The decision to keep rates the same was due to concerns about the pace of inflation. Rising food and fuel prices pushed inflation to 3% in April, exceeding the Government’s target of 2%. According to ...




May 8, 2008

Interest rates on hold at 5%

by Kay Murchie
”Interest
The Bank of England's Monetary Policy Committee (MPC) has met this morning and decided to keep UK interest rates on hold at 5%. Most City analysts had predicted that rates would remain unchanged but with a cut to 4.75% in June. Ian McCafferty, chief economic adviser to the CBI business group, said the latest data shows the economy is slowing, albeit ...




April 10, 2008

Interest rates lowered to 5%

by Kay Murchie
Interest rates lowered to 5%
Following the Bank of England's Monetary Policy Committee (MPC) meeting this morning, the base rate has been cut from 5.25% to 5%, as widely expected by economists. This is the third time since December that interest rates have been cut in an effort to protect the economy from the global credit crunch. However, due to the credit crisis, which makes funding mortgages more expensive ...