Moneynet in The Press
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“Brilliant Idea”
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national savings doubles its isa interest rate
Published: 19/08/2009 |
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Guardian.co.uk (Web) Government-backed saver seeks to boost its deposits by raising the rates on its ISA and savings certificates National Savings and Investments (NS&I) announced today it was almost doubling the rate of interest on its ISA, increasing the amount paid to savers by 1.2% to 2.5%.
Andrew Hagger of financial comparison site Moneynet.co.uk said: ‘People have reasonably short memories and now that competition has returned to the market, they are less concerned with security and more interested in getting a competitive rate.’ |
