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Newcastle Building Society in charity link-up

Life office Ecclesiastical has halved the initial charges on its Isa to 2.5 per cent for new applications received by April 5.

Its cash Isa lets investors donate a percentage of their savings to a range of charities as well as benefiting from having money in a tax free shelter.

The society has teamed up with Newcastle Building Society to offer the product.


Scottish Mutual – Income Bond

Type: Single premium endowment assurance policy designed to provide a monthly or annual income. Growth option also available.Aim: Income or growth by tracking movement of Dow Jones Euro Stoxx 50 Index.Minimum-maximum investment: £10,000-£250,000.Term: 3 years.Guarantee: 40% of initial investment in addition to any income already taken or growth payable.Return: Capital return depends on performance of […]

CGU threatens pull-out of Gartmore race

CGU is threatening to pull out of the race to buy Gartmore because the asking price is too high.The fund manager was originally estimated to be worth about £550m but the valuation has risen dramatically to £900m.Old Mutual, whose bid of around £550 m for Gartmore was thought too low, said this month that it […]

Lenders compete to woo buy-to-let borrowers

Legal & General and Bristol & West are rolling out deals on buy-to-let mortgages to entice prospective landlords despite fears rents are falling.L&G is offering a 6.99 per cent fixed rate for three years with a 25 per cent deposit. B & W has a 1 per cent discount loan for two years, from 7.74 […]


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