Tag: rates
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Nationwide offers ‘best’ rates on their Triple Access Savings Account | Personal Finance | Finance
[ad_1] The account is all online so people can’t pay in or withdraw cash or cheques. It also does not come with a debit card, passbook or certificate. Britons can also start their application through Nationwide’s website and must also be able to manage the account online or by using Nationwide’s app. Once opened, people…
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HSBC increases interest rates on savings account – full list of changes | Personal Finance | Finance
[ad_1] One group that largely benefits from this increase is savers, and some accounts are currently offering the best rates recorded in over a decade. As the UK is forecast to be heading towards a recession by the end of the year, the Bank of England has been increasing its base interest rates to make…
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Gold Drifts, Awaiting More Signs of U.S. Rates Turning Benign
[ad_1] By Barani Krishnan Investing.com — Yes, U.S. inflation is retreating. But the Fed isn’t. And that’s not very comforting to bulls in the game. The benchmark gold futures contract on New York’s Comex, , settled on Thursday at $1,807.20 an ounce, down $6.50, or 0.4%, on the day. It was gold’s first retreat in…
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Interest rates LIVE: Bank of England names date UK to enter recession – new hike confirmed | City & Business | Finance
[ad_1] Sterling is now down half a cent at $1.2090. Matthew Ryan, Head of Market Strategy at global financial services firm Ebury, said: “Sterling has fallen fairly sharply against its major peers so far this afternoon following a very doom and gloom assessment of the UK economy from the Bank of England. “The vote on interest rates…
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Bank of England to increase interest rates to highest level in 27 years | Personal Finance | Finance
[ad_1] She added: “Clearly with a backdrop of inflation at 9.4 percent, and an expectation it will reach 11 percent in a few months, many savers will still struggle to get excited by the increase we’ve seen in best buy savings rates since December, which have given them an extra one pence in the £1…
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Best savings account UK: The top 10 easy-access accounts with high-interest rates now | Personal Finance | Finance
[ad_1] Inflation rates took another jump forward to 9.4 percent as of June, its fifth jump of the year so far as costs of goods and energy continue to spiral. To combat the rapid rise, the Bank of England has been raising its base interest rates to both make borrowing more expensive and encourage people to save. This…
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Gold Down as Investors Brace for an Expected U.S. Interest Rates Hike
[ad_1] By Zhang Mengying Investing.com – Gold was down on Wednesday morning in Asia ahead of the policy decision from the U.S. Federal Reserve. edged down 0.15% to $1,715.20 by 11:52 PM ET (3:52 AM GMT). The , which normally moves inversely to gold, edged down on Wednesday morning. U.S. equities fell on Tuesday ahead…
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Report shows sharp jump in Toronto rental rates
[ad_1] A for rent sign outside a home in Toronto on Tuesday July 12, 2022. A report by real estate market research firm Urbanation Inc. says rents in the Greater Toronto Area are rising fast, echoing the latest numbers from online rental platforms about other major Canadian cities.THE CANADIAN PRESS/Cole Burston TORONTO –…
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Critical infrastructure IIoT/OT security projects suffer high rates of failure
[ad_1] Barracuda found that 93% of organizations in the areas of IIoT/OT have experienced a failed security project. Image: Zyter, Inc Must-read IoT coverage As companies look to take the next step with Industrial Internet of Things (IIoT) and operational technology (OT), a new study has revealed that the majority of them have failed security…
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Import Tax on Gold Hiked Sharply by 5%: Here’s Why & Its Impact on Rates
[ad_1] By Malvika Gurung Investing.com — The basic import duty on has been hiked sharply by 5% to 12.5% from 7.5%, as per a government notification on Friday, in efforts to put a check on imports as the slumped to a new all-time low against the US dollar today at 79.11. The domestic currency has been…