uncategorised

Rates on euro offshore savings accounts are creeping up, despite the European Central Bank keeping rates on hold for almost a year.

Britannia International is to launch the 21st issue of its 1 Year Fixed Rate Deposit Account, paying gross interest of up to 6.40%.

Nationwide International has announced increases to the interest rates payable on two of its offshore savings accounts.

The typical UK worker is on course to retire on just £215 per week, less than half of national average earnings and below the current minimum wage, according to the third annual Fidelity Retirement Index.

Alistair Darling must replace the Bank of England's financial stability chief in favour of someone with extensive City experience, the Shadow Chancellor said, The Telegraph reports.

Does the protection market have misplaced hopes about how products will fare in the advent of the credit crunch?

Investors looking for equity income must revise their dividend expectations and portfolios focusing on yield could prove particularly risky as the economy slows, according to SVM's Colin McLean.

The slump in Britain's house prices accelerated in May to the fastest level since the Nationwide began records 17 years ago, The Times reports.

Royal Bank of Scotland will today learn which of seven suitors are throwing their hats into the ring for its insurance business, potentially sparking a £7.5bn bidding war, as the group looks to offload the asset by the end of the summer, The Independent...

Scottish Life International has launched a regular premium investment plan for investors in the Middle East and Far East.