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C&G cuts rates on two investment accounts

Cheltenham & Gloucester is cutting the interest rates on two of its premier investment accounts.


The Direct Transfer telephone account will pay 6.5 per cent gross per year on the top tier of £25,000 or more. It will pay 6.3 per cent on the lowest balance of £2,500.


Investors in Branch 10 will receive an annual gross rate of 6.5 per cent on all balances over £1,000.

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