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NPBS increases savings interest

Norwich and Peterborough Building Society is increasing the rates of interest paid on a selection of its fixed rate bonds, fixed rate mini cash Isa and Tessa-only Isa and loyalty bonds.

Examples include a rise from 4.70 per cent to 5.10 per cent in gross interest on a fixed rate mini cash Isa or Tessa-only Isa, and a rise from 4.86 per cent to 5.25 per cent in gross interest on a childrens loyalty bond.


Commercial break

Britannic Asset Management’s UK property fund will aim for income and growth by investing up to 100 per cent directly in UK commercial property.

West Brom comments on the acquisition of Mortgage Force

The West Bromwich acquires franchised mortgage intermediary company Mortgage Force.It is part of its new venture and diversification within the West Brom Group.Mortgage Force will remain independent while extending the society’s operation into new national markets.West Brom group development director Roger Smith says: “This is great news for Franchisees, staff at both Mortgage Force and […]

Time to stop the salami slicing on tax relief

Steve Webb  – Director of Policy and External Communications As the Autumn Statement approaches, Steve Webb calls for the Government to stop tinkering with tax relief. Twice a year, in the run-up to the Spring Budget and the Autumn Statement, we face a torrent of speculation as to what changes the Chancellor might make to […]


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