UK Money News

1st July 2008
A&L extends offer period of fixed rate savings account
Alliance & Leicester (A&L) has announced it is to extend the offer period for its One Year Fixed Rate savings account until September 30th.
The account, which pays a rate of interest of nine per cent, is available for customers who opt for the building society's Balanced Savings & Investment Plan.
This is composed of an investment bond from Legal & General as well as the account, in a combination designed for investors "looking to balance a short term fixed return with a long-term growth potential".
Matt Hall, Head of savings & investments at A&L, said: "The Balanced Savings & Investment Plan suits those who are looking to make their money work harder, but still like the security of keeping some of their funds in cash."
Customers may also benefit from an additional two per cent enhanced allocation if they choose to invest in a With Profits Bond as part of their Balanced Savings and Investment Plan.
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