Posts Tagged ‘five year’

RBS reports first half profit

Royal Bank of Scotland (RBS), which is 83% owned by the taxpayer, today announced a profit for the six months ended June, boosted by falling charges for bad debt. The bank posted a net profit of £9 million ($14.3 million) compared with a £1.04 billion net loss in the same period a year earlier. Meanwhile, [...]

Leeds launches 4.6% ISA for new tax year

Leeds Building Society this week launched an ISA paying interest at 4.6%.
The five-year fixed rate account can be opened with just £1.
Savers can access up to 25% of their savings at any time without notice or penalty.
Kim Rebecchi, Leeds Building Society’s Sales and Marketing Director said the ISA is a “market leading offer”, adding that [...]

Two and five-year fixed rates trimmed back

The average cost of a two-year fixed-rate mortgage fell to a six-and-a-half-year low during February, according to new figures from the Bank of England.
The average rate stood to 3.88%, down from 3.97% a month earlier to a level last seen in July 2003.
Five-year fixed-rates also eased last month, declining to an average 5.49%, down from [...]