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Notice To Martin On IceSave MD
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anyone know where i can invest £3.78 with high intrest.0
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steadysaver wrote: »Icesave Easy access acount 6.3%
Birmingham Midshires esaver 6.52%
Icesave Fixed Rate 7.06%
AA 1 Year fixed bond 7.21%
Icesave ISA 6.1%
Post Office and Barclays ISA 6.25%
Maybe I am missing something in your comment
I meant unsustainable in the light of what has happened. Clearly Icesave's business model could not sustain those rates, and it went bust. AA and Birminham Midshires are part of HBOS so the same comment applies effectively. Barclays are more sound and may be able to carry 6.25% on an ISA. The Post Office bank is is Bank of Ireland, and as far as the Irish banks are concerned it's watch this space at the moment I guess.No-one would remember the Good Samaritan if he'd only had good intentions. He had money as well.
The problem with socialism is that eventually you run out of other people's money.
Margaret Thatcher0 -
Or Bradford and Bingley.
We have some money in B&B and have kept it there despite the rumours and subsequent failure. This is because it is clear that HMG will not allow savers in a British based bank to lose out no matter what -- electoral suicide for one thing. But for foreign based banks it was always likely to be different.
Incredibly, some people are still not heeding the warnings -- that's their funeral, and I just hope the rest of us are not going to be expected to bail out any more such examples. Nobody any longer has the excuse that they were not warned or did not realise the risks.No-one would remember the Good Samaritan if he'd only had good intentions. He had money as well.
The problem with socialism is that eventually you run out of other people's money.
Margaret Thatcher0 -
Huh? So as long as you've lost your money in a UK based bank it's ok for the government to bail you out? Where's the logic in that?0
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