now Bradford and Bingley are not doing too well

johnbfan

I have ISAs with B&B. does this have the 100% protection on under £2000 and 90% over that and up to £35,000?

Should we go draw some out as soon as possible?

obsessed_saver

You have to transfer it to another ISA, otherwise, you'll lose your tax-free status for that amount you have with B&B.

horsepills

Yes - get straight to your branch and withdraw it ALL so you can hide it under your floorboards, then go to your nearest supermarket and buy as much bread, bottled water & tinned food as you can carry! HURRY BEFORE IT'S TOO LATE!!!

RAS

Alternatively, use it to light the fire!

Or read martin's article on the front page. And how di you get more than £35k in ISAs?

ManAtHome

You could have over £35k if you had a Tessa.

What do you mean by B&B not doing so well - people selling shares..?

Darth_Calculus

Shares down 15% today. A&L down 31%, and NR down 35%.

Not a good day for the banks that rely heavily on the money markets for funding.

Jake'sGran

obsessed_saver wrote: »

You have to transfer it to another ISA, otherwise, you'll lose your tax-free status for that amount you have with B&B.

If you feel the need to transfer it is quite easy. I have just transferred two large amounts (mine and OH) to Kent Reliance.Email them or another you might like the look of and they will send a transfer form.

bristolleedsfan

ManAtHome wrote: »

You could have over £35k if you had a Tessa.

What do you mean by B&B not doing so well - people selling shares..?

B+B has never done very well, has always had a problem with steep rises.

if it was 250 free shares given on flotation they now worth grand sum of 697.50, all time high worth something in region of 1200 + ish.

Geoffo_M

Jake'sGran wrote: »

If you feel the need to transfer it is quite easy. I have just transferred two large amounts (mine and OH) to Kent Reliance.Email them or another you might like the look of and they will send a transfer form.

I'm just waiting now for the reply that says Kent Reliance are in trouble. It's like a merrygoround all this! Nowhere is 100% safe - except National Savings