Sunday 22 November 2009

National Savings Withdraw Fixed Rate Bonds

As the title says NSI withdrew their highly competitive range of fixed rate bonds following complaints from various banks and building societies. Leaving savers with lower rates and banks with higher margins and greater profits. Something wrong here?

1 comment:

  1. Cannot belive that banks are allowed get away with this?!!! we are in this ridiculous mess becuase of greedy bankers and now the Treasury is bowing to pressure from them? Surely this level of competition can only be a good thing.

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