Newcastle BS unveils clean energy product

The society sees the Clean Energy Sector as a rapidly growing market with returns over the next 5 years showing the potential to out-perform some of the more traditional markets. Launched as part of a range of guaranteed structured deposits, the product offers a return of 100pc of any rise in a basket of 20 clean energy shares. It is available until 10 October 2008, with a maturity date set at 27 October 2013 - no withdrawals can be made until then. Minimum investment is £500 and the account is suitable for direct investment, new ISA subscriptions and existing ISA subscription transfers a...