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ICICI pestering me to renew fixed rate bond
I got an annoying phone call at work yesterday from an indian woman at ICICI trying to persuade me to renew my fixed rate bond with them as the previous 12 month bond had expired. I said i was not sure so she said she would phone back this evening to see if i had decided. But i told her i may not decide for two weeks. I…
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Global banking crisis...what banking crisis ?
There is absolutely no banking crisis in SE Asia, I assure readers. No banks are in trouble, none are teetering on the brink and I am sure the same is valid for dozens if not hundreds of other countries. In fact Thailand's official reserves at $108 billion are over twice the size of the UK's and Singapore has reserves…
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ING Letter re rheir interest rate
I have just got a letter from ING-Quote-Following the reduction in B o E base rate, we are pleased to let you know WE WILL NOT BE PASSING ON THE REDUCTION IN FULL i signed up when they were offering 4.72 (3% plus bonus) they've now reduced it to 3.72% (2% plus bonus) How do they work out they've not passed on the full…
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Premium bonds - worth buying now interest rates collapsed ?
Previously premium bonds were unattractive but as we head toward towards 0% savings accounts are premium bonds more attractive as an investment? If we enter a deflation I assume you can't lose your capital in premium bonds so you would get a return whatever and further the fund has an 'interest rate' (although they don't…
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Are tax-free savings for part-time ex-pats covered?
I have my savings in a UK bank plus a foreign but UK registered bank. It is a normal current account but I filled out a tax form confirming that I am not in the UK for more than 3 months a year (I am a British citizen though) which means that I don't pay tax. It isn't an offshore account though, it's a normal account on…
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HALIFAX Children's Regular Saver
Hello, I want to start a children's regular saver account with Halifax in my son's name. I read through their website as much as I could, but I've got a few questions: 1. Can my son have more than one of these accounts with different trustees? 2. Would the interest be taxed? I would appreciate any pointers on this, since…
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Britain on the brink of an economic depression - Saving? Investing?
If this grim prediction does come to pass - or at least a very deep and long recession - what should our savings and/or investment strategy be, other than just sticking our money in a safe!? Britain on the brink of an economic depression, say experts Britain is heading for economic depression for the first time since the…
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Children's savings (Halifax)
I was, a while back, going to open one of the Halifax's (then) 10% children's regular savers for each of my three children, but put it on hold when they started having problems. Now I see that the TSB takeover has gone through (am a TSB customer anyway, if that makes a difference), would anyone now recommend the (now) 8%…
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Saving as a student, please help!!!
Hi there, I'm a 4th year medical student in belfast. I recently got my overdraft extended to 10 grand (0%!) so I can go on my elective. I don't need all that money so I thought I'd stick some away...and i need advice. Should I go with a cash isa or a fixed term bond? i've never had money, either have my parents so I don't…
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Abbey eSaver Direct Previous Rates
Does anyone have a list of the dates when the rates changed from last summer when it was 6.50% (including bonus)? I want to calculate how much money there should be in the account. Just called customer 'service' but basically all they do is to look on the Abbey website! It only lists the change in December but nothing…
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Final Salary Pension
I am about to receive my final salary pension and have to decide if I want to take a tax free lump sum and a reduced pension or take the full pension my circumstances are I am 60 I have around 150k in savings no mortgage or loans the lump sum would be 93k and a reduction in pension of £7200 per year any advice would be…
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Solicitors/Accountants. Client monies safe?
In the dim and distant past I worked for a firm of solicitors. At that time, whilst individual client monies were kept seperate from office monies and individualy allocated to each client within the firms accounts, the clients money was kept in a single account at the bank if there was not enough time, for cheque clearance…
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Are there NO 'safe' banks?
I see today that the Government is having to pump even more of the taxpayers's cash into the banks. Is there not at least ONE bank somewhere who has run their business efficiently without exposing themselves to the global financial situation. I did think HSBC were fairly stable, but now even they seem to require an…
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money in stocks/shares - business expense?
hey, i am self employed, do a few things, mostly web related. if i buy stocks/shares is this tax deductable (ie an expense)?
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Moving savings into a foreign account
Hello I have about 4k in savings and I was wondering what the best (stable) foreign savings account there is. I have no confidence in natwest.
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First Bank of Nigeria
Is Frist Direct and FirstSave owned by Bank of Nigeria?
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Tax not deducted at source savings accounts?
Hi my partner won't be paying income tax for a few years so want to take advantage of that and find savings accounts that don't deduct tax at source. Can anyone suggest any, or where I might find a Best Buys list of such accounts? Many thanks, Tony
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Easiest Way to Buy a Tracker
I want to put £100K into a FTSE tracker, and leave it there until the recovery in a year or few. What is the cheapest and easiest way to do that? Or will every method involve a complicated application form, proof of ID, and all that anti money laundering stuff? Ideally I just want to bank transfer the funds into an…
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Free real time share prices
Does anyone know where i can get free up to date share prices ? thanks
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Gold up 3% today against the grain
Gold is up 3% yet oil is down and the dollar is up. Incredible but true.