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Friday 20th of February 2009

News Tag: incentive

February 13, 2009

RBS unveils ISA for first time savers

by David Masters
RBS unveils ISA for first time savers
RBS has launched a new cash ISA paying up to 3.51% interest. The Cash ISA Plus account is aimed at new savers opening an ISA for the first time. As such, it does not accept transfers from other ISA accounts. Minimum deposit is just £1, and up to £3,600 can be deposited every tax year. To open a Cash ISA Plus, customers ...



January 21, 2009

Asda offers Child Trust Fund incentive

by David Masters
Asda offers Child Trust Fund incentive
Asda Financial Services is offering parents-to-be an incentive to pre-register for the Asda Child Trust Fund. The supermarket's banking division is giving away money off vouchers for 12 Asda products and a free Family Money Guide to families who pre-register online. Claiming the freebies does not obligate parents to stay with Asda for the trust fund. However, those who do choose to open a ...



December 23, 2008

VAT cut criticised by IMF chief economist

by Kay Murchie
”VAT
The recent 2.5% cut in VAT has been criticised by Olivier Blanchard, an International Monetary Fund economist. VAT was cut from 17.5% to 15% from Monday, December 1 for 13 months in an attempt to boost spending. However, Mr Blanchard believes the temporary cut in VAT is not a good idea would not significantly change the behaviour of shoppers, adding that the ...



June 11, 2008

CML acts on new build property valuations

by Gill Montia
CML acts on new build property valuations
The Council of Mortgage Lenders (CML) has published plans that will sharpen up lending practices in relation to new homes. From 1st September, new standards for the professionals who act for lenders on newly-built property transactions will apply. They aim to ensure that valuations and conveyancing procedures reflect the market value of a property and to make it more difficult for ...