P541 Teletext 541 Oct16 21:01:11      NEWS  ————————————————  ———————  NATIONAL SAVINGS CUTS RATES National Savings has announced it is to cut the interest rate it pays on some of its savings products. The move follows last week's decision by the Bank of England to lower the base rate by a quarter point to 7.21%. It will affect all new issues of fixed rate and index-linked savings products and variable rate products. But savers with existing fixed and index-linked products will not be affected. ——————————————————————————————————1/9—— WIN a home cinema TV 465 ANY PURPOSE LOANS - SEE PAGE 627 OR CALL WILMSLOW FREE ON 0800 269315 Your money Advice Property City
P541 Teletext 541 Oct16 21:02:11      NEWS  ————————————————  ———————  NATIONAL SAVINGS CUTS RATES National Savings has cut interest rates on many products in response to the falling rates in short and medium-term money markets. Changes include: Index linked savings certificates Old rate: RPI+2.25% tax free New rate: RPI+2% tax free Fixed interest savings certificates Old rate: 4.8% tax free New rate: 4% tax free . ——————————————————————————————————2/9—— Tourist rates 548 Premium Bonds 549 OVER 50? PICK SAGA FOR YOUR INSURANCE/FINANCIAL NEEDS, ITV p383 Your money Advice Property City
P541 Teletext 541 Oct16 21:03:11      NEWS  ————————————————  ———————  NATIONAL SAVINGS CUTS RATES National Savings new rates include: Old rate New Rate Capital Bonds 6% gross 5% gross Pensioners B'ds 6.1% gross 5% gross Children's 6% tax free 5% tax free Bonus Bonds Investment A/c 5.7% gross 5.5% gross (£2,500-£4,999) ——————————————————————————————————3/9—— For full changes see p524 this weekend You Egg www.egg.com You Egg p399 Together we'll sort out your finances Your money Advice Property City
P541 Teletext 549 Oct16 21:02:12      NEWS  ————————————————  ———————  CHELSEA CUTS INVESTMENT RATES Chelsea Building Society is cutting savings rates following last week's base rate cut. The cut, averaging 0.25%, comes into effect this weekend, coinciding with a cut in the lender's mortgage rate. Savers with between £1,000 and £2,499 invested in the Instant Option (3rd Issue) will earn 1.5% gross, although rates are to remain unchanged on the society's Classic postal account. ——————————————————————————————————4/9—— Chelsea 01242 283666 SWITCH TO p628 AND YOU COULD SAVE ON YOUR MORTGAGE Your money Advice Property City
P541 Teletext 541 Oct16 21:03:00      NEWS  ————————————————  ———————  THE 8.01% BOND Anyone with £10,000 burning a hole in their pocket can invest in a bond paying 8.01% gross. The Newcastle Base Rate Bond Plus is available through Chase de Vere Investments. The bond is guaranteed to beat the Bank of England base rate for 2\ years and cash can be withdrawn after the first 12 months on 30 b—|s' notice. ——————————————————————————————————5/9—— Chase de Vere 0800 526093 INTERESTING SAVINGS p546 Your money Advice Property City
P541 Teletext 541 Oct16 21:05:03      NEWS  ————————————————  ———————  HOUSES SELL EVEN FASTER Homeowners are finding it easier to sell their property despite reports of a slowdown in the market, according to a top estate agency chain. The time taken to sell a property has dropped by two weeks since June, Black Horse Agencies says in a new report. The report says that it takes 11 weeks to sell a home - the same time as at the start of the year, indicating that the market is levelling out. ——————————————————————————————————6/9—— Advice clinic 543 Holiday £ 548 WHAT'S ON AT YOUR LOCAL CINEMA? p460 Your money Advice Property City
P541 Teletext 549 Oct16 21:05:01      NEWS  ————————————————  ———————  GREEN LIGHT FOR PENSION CLAIMS Customers of nine financial advisers who believe they were mis-sold pensions can now claim for compensation from the Investor Compensation Scheme. The scheme is a rescue fund designed to help private investors financially when a registered investment business collapses. The scheme can pay compensation of up to £48,000 and since it was set up in 1988 has paid £132m in compensation. ——————————————————————————————————7/9—— Tourist rates 548 Premium Bonds 549 INTERESTING SAVINGS p546 Your money Advice Property City
P541 Teletext 541 Oct16 21:01:13      NEWS  ————————————————  ———————  GREEN LIGHT FOR PENSION CLAIMS Pension customers can claim from: The Better Business Centre in Devon London-based Nicholas Donaldson & Co Conway Management Services of Ilford Roger W Barugh & Co of Wakefield Abacus Advisory Services of Chester Suffolk Mortgage Services Bentley Insurance Services (Life & Pensions) of Derby Herts-based Fraser Clark (Life & Pensions) B Adams (Financial Services), Chester ——————————————————————————————————8/9—— Mortgages 545 Savings 546 BUSINESS BRIEFING ON OUR WEB SITE GO TO: www.teletext.co.uk Your money Advice Property City
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