Bank of England Base Rate and Buy-to-Let Commentary
It is widely predicted that the Bank of England’s Monetary Policy Committee (MPC) will hold the base rate steady at 5.00% when it announces the outcome of its deliberations on 7 August.
Neil Young, CEO of Property Portfolio Managers, Young Group, comments; “As ever, the MPC is engaged in [...]
Popularity: 3% [?]
Offshore savings bank Bradford & Bingley International has launched a one year fixed rate bond which also offers an emergency access facility.
Bradford & Bingley International has launched a fixed rate offshore savings bond paying up to 7.00% gross per annum. The bond also gives savers the flexibility of emergency withdrawals if required in lieu of [...]
Popularity: 4% [?]
An innovative company, based in Worcestershire and known for their jute bags has been selected as one of the Top 12 green business leaders in the 2008 Barclays Commercial Bank Green Leaders in Business Awards.
The Awards recognise those companies who are using pioneering processes or new sustainable technology, products or services to help beat climate [...]
Popularity: 3% [?]
Glitnir has released its financial results for the second quarter of 2008.
FINANCIAL HIGHLIGHTS
• Net profit ISK 7.6 bn. up 29,3% from Q1 08
• Record quarter for net operating income, ISK 26.9 bn., a 5% increase from ISK 25.6 bn. in Q1 08
• Return on equity 17,0% compared 15,0% in Q1 08
• Net Interest income ISK 17.8 bn. growing [...]
Popularity: 5% [?]
Nobel Peace Prize laureate Dr. Rajendra Pachauri joins the board of Glitnir’s new research fund for global environmental projects.
Nordic bank Glitnir has launched a new savings account in Norway and Iceland that is designed to help the environment.
The Save&Save account offers a high rate of interest whilst simultaneously providing capital for a new global environmental [...]
Popularity: 5% [?]