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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.

Aldermore boosts business savings rate 24th May 2013

A rate increase of 0.15% has pushed the Fixed Rate Business Savings Account - 1 Year into the top five of the best buy tables.

The basics…This deal pays a rate of 2.00% upon maturity for investments between £1,000 and £1 million.

A monthly interest rate of 1.98% is paid to those wishing to supplement their income each month.

The finer details….Funds can be accessed within 14 days of opening the account, although this is classed as a 'cooling off' period and no interest will be paid.

The account can be operated by telephone or online.

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Aldermore launches easy-access rate 14th May 2013

A new variable-rate savings account has been launched by Aldermore, available to savers with deposits between £1,000 and £1 million.

The basics…The Easy Access Issue 7 account pays a rate of 1.50% on its anniversary. A rate of 1.49% is paid on a monthly basis.

The finer details….The gross rate on this account is guaranteed to pay at least 1.00% above base rate until 1.11.13. Funds can be accessed without giving the provider advance notice, although all withdrawals must be made via a nominated account. Savers aged 18 and over can operate this account by post, telephone or online.

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Shawbrook Bank boosts bond rate 01st May 2013

Shawbrook Bank has increased its 4 Year Fixed Rate Bond by 0.20%, catapulting it into the fixed-rate best buy tables.

The basics…The new look 4 Year Fixed Rate Bond Issue 6 pays an annual rate of 2.55% to savers with investments between £5,000 and £2 million.

The finer details….Further additions can be made whilst the issue remains open, although withdrawals of funds are not permitted during the term. Available to savers aged 18 and over, this account can be operated by post or telephone, and opened online or by post.

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Bank of Scotland boosts Young Saver rate 24th April 2013

The Bank of Scotland has increased the rate on its Young Saver by 1.00% AER for investors with deposits of £1 and over.

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Skipton BS bond leaps to top of market 17th April 2013

Skipton Building Society has increased the rate on its 5 Year E-Bond by 0.45%, pushing into pole position in the five-year savings bond market.

The basics…Now paying a market-leading rate of 3.00%, this bond also has a monthly interest rate of 2.96%.

The finer details…. Investments range between £500 and £1 million and further additions can be made whilst the issue is open. Early access to funds is not permitted. The account can be operated online only by investors aged 16 and over.

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Principality BS launches variable bond 16th April 2013

Principality Building Society has revealed the Member Variable Rate Bond Issue 19 paying a variety of rates to existing members of the mutual.

The basics…A rate of 2.62% is paid to existing members of ten years, whilst 2.52% is paid to those who have been members for five years. Members of two years will receive a rate of 2.41% upon maturity.

All three rates are guaranteed for an eighteen month period.

The finer details….Investments range between £500 and £20,000. Further additions are not allowed. One instant access withdrawal is permitted to the value of up to 20% of the initial balance during the term. Account closure is subject to a 150 day loss of interest penalty. The account is available to savers aged 18 and over and can be operated in branch or by post.

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Yorkshire BS increases bond rate 12th April 2013

Yorkshire Building Society has increased the rate on its three-year Fixed Rate Bond by 0.10% and broadened its availability by introducing an online-only deal.

The basics…This medium-term bond pays an annual rate of 2.30%, whilst a competitive monthly interest option at 2.28% is also available to savers looking to supplement their savings.

The finer details….Investments range between £1,000 and £2 million. Further additions can be made whilst the issue remains open, although early access is not permitted. The account can be operated by savers of all ages in branch or by post, although the newly released Fixed Rate e-Bond to 31.5.16, offering exactly the same features, is available online only to savers aged 16 and over.

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Business bond issued by Cambridge & Counties Bank 11th April 2013

A one-year business bond has been launched by Cambridge & Counties Bank, paying a highly competitive rate and taking pride of place at the top of the fixed-rate market.

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FirstSave 5-year bond tops best buys 09th April 2013

FirstSave has reviewed its fixed rate savings range, with the five-year option now offering a market-leading 2.90% yearly.

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Chelsea BS scores with best buy bond 08th April 2013

A competitive five-year fixed-rate bond has been launched by Chelsea Building Society, aimed at savers with larger investments.

The basics…The Fixed Rate Bond to 30.4.18 pays a rate of 2.50% annually, whilst those seeking a monthly return will receive a rate of 2.47%.

The finer details….Investments range between £1,000 and £2 million and further additions can be made whilst the issue is open. Early access to money is not permitted during the term. The account can be operated in branch or by post by savers of all ages and can be opened in trust for youngsters aged 12 and under.

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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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