Rate cuts and range restructures from offshore societies

The 0.25% cut was applied to accounts on 30 December, with the exception of the £ Tracker 120 account, which saw its rate cut on 17 December. The removal of the 0.40% introductory bonus on the £ eAccess account means this account has seen a reduction of 0.65% for annual interest payments. Meanwhile, Skipton Guernsey Ltd (SGL) has restructured its savings product range, with effect from 9 January 2008. New investment tiers and rates are now available on the Sterling Access, Sterling Access Plus, Sterling Thirty and Sterling Sixty Accounts as well as the Sterling Island Ninety Account, avai...