Anyone else considering sticking everything in National Savings?

[DiscoStu]

I'm thinking I'd rather deal with a slightly crappier interest rate instead of faffing about claiming my money back if another bank ends up folding like a cheap suit...

[Old Greg]

I'm thinking I'd rather deal with a slightly crappier interest rate instead of faffing about claiming my money back if another bank ends up folding like a cheap suit...

But no good for business accounts (unless anyone can tell me otherwise). I see Northern Rock has pulled its Business Reserve. Just imagine if your Ltd's bank went kaput and you had to reclaim your money but your CT and VAT is due now... There again, I'm sure HMRC would talk to the compensation scheme people and cancel it out on your behalf

[cupidstunt]

I'm thinking I'd rather deal with a slightly crappier interest rate instead of faffing about claiming my money back if another bank ends up folding like a cheap suit...

Surely all your savings will be covered by the government guarantee? I mean as a tester you cant't have much surely

[DiscoStu]

But no good for business accounts (unless anyone can tell me otherwise). I see Northern Rock has pulled its Business Reserve. Just imagine if your Ltd's bank went kaput and you had to reclaim your money but your CT and VAT is due now... There again, I'm sure HMRC would talk to the compensation scheme people and cancel it out on your behalf

Fortunately I've got enough stashed in savings to cover CT and VAT for this year. Fingers crossed for the business A/C!

[DiscoStu]

Surely all your savings will be covered by the government guarantee? I mean as a tester you cant't have much surely

<Waits for the new yawning smiley>

[cupidstunt]

<Waits for the new yawning smiley>

You and SandyDown should get on famously

[DiscoStu]

You and SandyDown should get on famously

I wonder whose sockpuppet you are...

[cupidstunt]

I wonder whose sockpuppet you are...

GhandiW

HTH

[Spacecadet]

<Waits for the new yawning smiley>

We need that for all the fecking tedious credit crunch threads

[DiscoStu]

GhandiW

HTH

GandhiW

HTH