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no decent returns anywhere fed up :(

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  • Nikel
    Nikel Posts: 282 Forumite
    thanks biggles, I'm expecting a bump up soon what with the specualtion from the BofE supposed to be upping interest rates soon...

    Theres also a lot of talk that the recent finding that the UK economy shrank by more than first thought in the last quarter of 2010, contracting by 0.6%, will delay a rate rise till summer.
  • Its deliberate government policy. Either you buy a house or your moneys interest is taken and used to fund large companys like the banks. Sometimes its not about winning, its losing the least and surviving to more sensible times
    no strings

    lots of puppetmasters make that not possible
  • Nikel
    Nikel Posts: 282 Forumite
    When I looked at FD regular saver there were more strings attached than the average harp.
  • Rather than moaning about inflation and supermarkets raising their prices, many people forget that they can also benefit from the supermarkets as they increase their dividends.

    For instance Tesco Plc has been paying increasing dividends during the last 25 years, as per this Dividend Income Report on Tesco which you can download at www (dot) dividend - income - investor (dot) com



    Just fancied a moan really, I've been whizzing around on the web trying in vain to find a decent return on potential savings pot and its absolute cr*p!
    The banks are tying us up in knots it appears by reeling us in with 3% here and there with clauses such as 'buy an investment product to the value blah blah blah..' or rate goes to .10% after a year...
    What the hell is going on???? What happened to the good old days of nipping down to the local bank/bs and having a chat with some kindly old bloke who would advise you on sensible things to do with your money? Did I dream it or did it really happen? I remember taking 10p to school once a week for the school bank to encourage us nippers to save our pennies, what is the world coming to?

    they've got us all by the short and curlies...rant over

    ps if anyone sees any accounts going for over 5% no strings, drop us a pm ;)
  • melbury
    melbury Posts: 13,251 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've been Money Tipped!
    blinko wrote: »
    savers actually have it very good relative to interest rates
    base rate 0/5% savings rate 3%

    if interest rates move to 1.5% i dont think you will see 9% on savings accounts


    I wish, that would be fantastic:T
    Stopped smoking 27/12/2007, but could start again at any time :eek:

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