UK Money News

28th January 2008
The Nottingham targets silver savers
The Nottingham Building Society is targeting more experienced savers with a new account.
The Postal Access 60 pays a 0.9 per cent bonus for 12 months and can be managed remotely.
Customers can open the account with £500 or up to £250,000 as an investment.
"We have got a strong track record of delivering 'best buy' products that are popular with savers throughout the UK - and I believe Postal Access 60 will definitely fall into this category," commented Clare Roberts, The Nottingham's savings and investment product manager.
"The market leading rate of interest, combined with the convenience of being able to manage the account remotely, gives this account the potential to be a real winner."
As the economy slows this year, there is likely to be a renewed interest in savings accounts.
It is likely that banks and building societies will seek to tap into this demand after a long period of cheap credit, which encouraged borrowing rather than saving.
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