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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.

Shawbrook Bank boosts 1-year bond rate 22nd March 2013

A rate increase of 0.15% has seen Shawbrook Bank 1 Year Fixed Rate Bond Issue 8 accelerate to the top of the one-year fixed-rate bond market.

The basics…This bond pays a very competitive rate of 2.25% upon maturity to savers with investments between £5,000 and £2 million.

The finer details…Further additions can be made whilst the issue is open, although access to funds is not permitted during the term. The account is available to savers aged 18 and over and can be operated by post or telephone.

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Cambridge & Counties expands business range 15th March 2013

Cambridge & Counties Bank has launched the 95 Day Notice Business Savings Account Issue 1, paying competitive rates of return on an annual and monthly basis.

The basics…This account pays a yearly rate of 1.95% for investments between £10,000 and £1 million. A monthly rate of 1.93% is also available.

The finer details….Investors must give 95 days' advance notice prior to accessing funds and early access is not permitted. All withdrawals must be made via a nominated current account. This account can be operated by post only.

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Vanquis Bank issues three-year High Yield bond 15th March 2013

The latest High Yield bond has been released by Vanquis Bank, available to online investors with deposits between £1,000 and £250,000.

The basics…A rate of 2.56% is paid on this deal's anniversary, whilst those looking for a monthly interest rate will receive 2.53%.

The finer details….Further additions and early access are not permitted, so savers must be willing to lock their money away for the three-year period. The account is available to savers aged 18 and over.

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Julian Hodge Bank ups business bond rate 12th March 2013

Julian Hodge Bank has increased the rate on its one-year Capital Millennium Bond business investment by 0.60%.

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Manchester BS launches 60-day notice account 05th March 2013

Manchester Building Society has released the Platinum Notice Issue 4 account available to savers with deposits between £1,000 and £75,000.

The basics…This account pays a variable annual rate of 2.01%

The finer details….Up to six withdrawals are allowed per calendar year, with advance notice of 60 days' required prior to accessing funds. Early access is not permitted.

The account is available to savers aged 18 and over and can be operated in branch or by post.

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Bank of London and the Middle East ups fixed rate 04th March 2013

The Bank of London and the Middle East has increased the rate on its Sharia'a compliant Premier Deposit Account, pushing it into the top ten of the medium-term fixed rate bond sector.

The basics…This account pays an indicative profit rate of 2.50% on its anniversary.

The finer details…. Between £25,000 and £2 million can be invested in this bond. Further additions and early access are not permitted.

The account is available to savers aged 18 and over and can be operated online only.

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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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