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Oh Dear: 5.5%

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    #11
    Originally posted by n5gooner
    hey tell me more about hte fixed term bonds from CA please....
    Just to clarify, the bonds are from CA (Cater Allen) not C&A (the clothes shop.

    Linky:
    Term Deposit Account

    and the interest rates
    Interest rates (Choose 'Term Deposit' in the drop down at the top)

    You have to drop a minimum of £50k (probably not a problem for many of the readers of this board) for a minimum of a week into them, but the rates start at 5.1% and they seem to be a hassle-free way of almost doubling your interest. Has anyone got one yet? I know there are higher rate accounts around but I like CA and the comfort of keeping it all in one bank.

    Comment


      #12
      Originally posted by Paddy
      There is always high interest rates when a country is at war. It's the government that needs to borrow the big money and attract savers. Any interest rate rise is blamed on the people but think about it. It's government services that cause inflation not the price of clothes at Primark or the price of your Ipod at Dixons. Wage inflation is near 0%.
      The house price bubble has seen an large year on year increase in the debt money supply. This is released into the economy via mortgage equity release and loan consolidation.

      Comment


        #13
        Originally posted by Zorba
        Just to clarify, the bonds are from CA (Cater Allen) not C&A (the clothes shop.

        Linky:
        Term Deposit Account

        and the interest rates
        Interest rates (Choose 'Term Deposit' in the drop down at the top)

        You have to drop a minimum of £50k (probably not a problem for many of the readers of this board) for a minimum of a week into them, but the rates start at 5.1% and they seem to be a hassle-free way of almost doubling your interest. Has anyone got one yet? I know there are higher rate accounts around but I like CA and the comfort of keeping it all in one bank.
        I'm with CA, and its very tempting, but you do have to consider what else you could do with the money, but then, by removing it from the business you will nearly always take a hit on the money with tex etc.
        SA says;
        Well you looked so stylish I thought you batted for the other camp - thats like the ultimate compliment!

        I couldn't imagine you ever having a hair out of place!

        n5gooner is awarded +5 Xeno Geek Points.
        (whatever these are)

        Comment


          #14
          Originally posted by milanbenes
          looks like no one here is affected then

          Milan.
          Us mortgage-free types would like to see 15% interest rates:

          1) Much more Interest on capital until ...
          2) Collapse of house prices so we can move in and make a killing
          Hard Brexit now!
          #prayfornodeal

          Comment


            #15
            Originally posted by n5gooner
            I'm with CA, and its very tempting, but you do have to consider what else you could do with the money, but then, by removing it from the business you will nearly always take a hit on the money with tex etc.
            I'm with CA and SJD are my accountants. I try to follow their advice and take only salary + divis up to the 40% threshold - any remaining money stays in the company until its natural demise whenever that may be, so I want to try and grow it as best I can. But you're right, it's very tempting to take the hit for instant gratification. Mrs Z has earmarked the next few years dosh for a new house though

            Comment


              #16
              UK rates are the highest in the G7 and have every chance of going higher.

              Who says we don't lead the world.
              Drivel is my speciality

              Comment


                #17
                Originally posted by Buffoon
                UK rates are the highest in the G7 and have every chance of going higher.

                Who says we don't lead the world.
                I think we've also overtook the Yanks in being the most in debt per head. Boomed but ultimately doomed !

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