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Skipton Building Society – 2 Year Step Up Bond (inserted 21/12/99)

Type: 2 Year bond with fixed interest rates.

Minimum-maximum investment: £3,000-£1m.

Interest rates: 6.25% gross until June 15, 2000, 6.5% gross until December 15, 2000, 7% until June 15, 2001 and 7.5% until December 15, 2001.

Term: 2 years.

Offer period: Until further notice.

Withdrawal penalties: None.

Tel: 0800 446776.


FSA takes up new stockmarket role

The Financial Services Authority has published draft guidelines on its approach to taking over the role as the London Stock Exchange regulator next Spring.The FSA announced it will take over from LSE&#39s listing function with the continued help of the listing authority advisory bodies.It also revealed of head of the listing department at the stock […]

Computer glitch causes website warning

Phone-based broker City ShareShop is warning about the dangers of unauthorised access in internet trading plus the dangers of websites collapsing in the event of mass traffic.A couple of weeks ago Halifax caused a scare when investors could access other internet account holder details after a security breach due to a technology glitch.City ShareShop managing […]

RBS splashes out £248m on NatWest bid

Royal Bank of Scotland has spent £248m on its hostile attempt to take-over National Westminster Bank.The sum was disclosed in RBS&#39s official offer document posted to Natwest&#39s shareholders and includes £93m fee to the bank&#39s investment bankers and legal advisers.The arrival of the document starts of the 60-day take-over timetable on the battle for Natwest, […]

Bupa launches fixed price product

Bupa has launched a medical insurance policy with a fixed price in a bid to challenge consumer concerns on future increases.Bupa Fixed Price Cover will freeze subscriptions for either five or ten years, regardless of how many claims are made. Consumers can choose paying through a fixed monthly account or a one-off lump sum.But while […]


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