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Halifax one million Isa boast

Halifax says it is the first financial services provider to attract one million cash ISA customers.


The latest Inland Revenue statistics show that Halifax has taken a market leading 30 per cent share of the “mini” cash ISA market.


The take up of Halifax&#39s cash ISAs by younger savers in the 18 to 34 age group is 15 per cent, nearly four times the take up rate for TESSAs by this age group.


Some 59 per cent of Halifax ISA Saver accounts have been opened by women, 41 per cent by men.

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By Rob Burnett, Neptune European Opportunities Fund

In recent months, investors have become more pessimistic about both the European and the US economic outlook and yet stockmarkets have pushed on to new highs. Some would argue that this is a worrying divergence. We would take the opposite view. This appears to be classic bull market behaviour. A wall of worry has been rebuilt, and stockmarket resilience should be taken as a sign of strength. The market is discounting an improving economic outlook ahead, particularly in the south of Europe.

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