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National Savings sells £6bn in 6 months to September

Sales of National Savings products in September 1998 amounted to £962m bringing the total for six months of the financial year to £6bn.

National Savings&#39 total liabilities to customers at the end of September amounted to £63.9 bn, an increase of £674m over the figure at the beginning of the financial year.


Neil Jones to head broker sales at Morgan Grenfell

Morgan Grenfell Investment Funds Limited is appointing Neil Jones as head of sales following the sudden resignation of Patrick Cooper.Jones has been a regional sales manager with MGIF since 1997 and will be responsible for managing the specialist broker sales team.MGIF managing director Frances Davies says: &#34Neil&#39s appointment comes at a time when we are […]

Sainsbury leads as new entrants take deposits of £6bn

Sainsbury is leading the list of new entrants in the savings market that have taken £6bn of deposits from high street banks and building societies.According to a Datamonitor survey new entrants have taken 1 per cent of total UK retail deposits as savers search for the best interest rates.The survey says that companies such as […]


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