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Moneyfacts.co.uk News brings you the latest financial & economic news & reviews of the best products in the UK by our team of money experts.

OakNorth improves 12-month business bond 09th November 2017

OakNorth Bank has increased the rate on its one-year business savings bond by 0.10%, which sees it improve its position in the Best Buy chart for its sector and earn a high Moneyfacts rating.

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Business bond competes 11th October 2017

OakNorth Bank has increased the rates on its fixed business deposit accounts by up to 0.13%, which sees its 12-month bond enter the Best Buy chart for its sector in a competitive place and earn a high Moneyfacts rating.

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Businesses should notice this new account 22nd September 2017

Redwood Bank has launched a brand new business savings account onto the market, with this notice deal earning a comfortable place in the Moneyfacts Best Buys and an "excellent" rating in the process. Read More...

New notice business saver 26th April 2017

Cambridge BS has launched a new 100-day business notice account, which has entered the Best Buy chart for its sector, earning a high Moneyfacts rating in the process.

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Rate rise on Bank of Cyprus business bonds 22nd March 2017

Bank of Cyprus UK has increased rates by 0.15% across a selection of its business bonds. The one-year fixed Business Bond and FlexiBond subsequently maintain a position in the top 10 Best Buys of their sector.

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United Trust Bank improves 1yr business bond 15th February 2017

United Trust Bank has increased the rate on its one-year business savings bond, which now sits at the top of the Best Buy chart for its sector, earning itself a high Moneyfacts rating in the process.

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New business and charity accounts 06th February 2017

United Trust Bank has launched new 100-day notice business and charity accounts, which have earned competitive places in the Best Buy charts for their sectors, as well as a high Moneyfacts rating.

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Business bond becomes joint market-leader 23rd January 2017

Union Bank of India (UK) Ltd has increased selected business savings rates by up to 0.20%, which sees its one-year fixed business bond greatly improve its position in the Best Buy chart for its sector, earning a high Moneyfacts rating in the process.

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New business savings account 23rd September 2016

Manchester BS has launched a new 45-day notice business account, which has entered the Best Buy chart for its sector and earned itself a high Moneyfacts rating in the process.
The basics… The 45 Day Notice Business Saver pays out a variable rate of 1.00% yearly, earning it a place in the top-10.
The finer details… This account has an investment limit of £75,000 upon a minimum deposit of £10,000. It can be opened and managed by post or in branch. Early access is not allowed, but additions by cheque or via a nominated account are possible, as are withdrawals.

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Bank of Cyprus still means business 24th August 2016

Bank of Cyprus has reduced rates across its range of business accounts. Despite this, its one-year bond and flexibond maintain their places in the charts.


The basics… The one-year Business Bond now pays out a rate of 1.30% while the Business Flexibond now has a rate of 1.20%. These rates allow both accounts to comfortably maintain their positions among their peers.


The finer details… Both bonds require a minimum £10,000 investment. They have to be opened at a branch or by post, and can then be operated by post and online.
The business bond does not allow withdrawals or additions, but does have an up to 0.20% cashback donation incentive.


For the flexibond, additions are not allowed either, but unusually for this sector withdrawals are: penalty-free access to 30% of the deposit is accepted, subject to 35 days' notice. It has an up to 0.10% cashback donation incentive.

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Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

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