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Halifax survey shows sharp rise in prices

The Halifax house price survey for May shows an increase in prices of 2.1 per cent. The annual rate now stands at 5.7 per cent.

The rise is the highest increase since last October and reflects the low interest rate environment. The greatest rises were seen in Greater London.


Co-op bank rolls out Isas sold at tills UK-wide

The Co-op bank has rolled out a Scottish pilot scheme to sell cash Isas at its tills.The bank has, for the last few months, been piloting the scheme in the Scottish Co-op stores with customers depositing money in a mini-cash Isa at the till using a special plastic card.Co-op Bank chief executive Mervyn Pedelty says:”In […]

Morgan Grenfell Managed Portfolio gets triple A rating

Morgan Grenfell&#39s Managed Portfolio Fund has been awarded a frAAA rating by Standard & Poor&#39s. The Managed Portfolio Fund has £108m under management and has produced an annualised return of 12.1 per cent over the past five years. It invests in a range of Morgan Grenfell unit trusts in line with the house view on […]


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