NEWCASTLE, ENGLAND, October 03, 2010 (Press-News.org) Northern Rock has launched a new e-bond account, providing a competitive interest rate for those savers who wish to operate their account online.
With a minimum deposit of just GBP1, customers can benefit from a fixed rate of interest for one year. e-bond (Issue 1) pays 3.00% gross*/AER** pa until 20 October 2011. Accounts must be opened and operated online. Initial deposits can be made online by electronic transfer from another bank or building society, or from an existing Northern Rock account.
Account holders can choose to have their interest paid annually (interest is calculated daily) on 5 August, or monthly (the monthly interest rate is 0.30% below the gross* annual rate) on the 7th of the month (available next business day).
Additional deposits can be made during the offer period up to a maximum of GBP250,000 per customer. e-bond (Issue 1) is non-redeemable and does not allow any withdrawals or closure during the fixed rate period. The fixed rate bond is offered on a limited issue basis and will be withdrawn without notice once fully subscribed. Once withdrawn, no further deposits will be accepted.
In keeping with Northern Rock's commitment to providing openness, transparency, and fair treatment of customers, full product details are available at Northern Rock's website at www.northernrock.co.uk/savings.
Notes to Editors
Northern Rock e-bond - Issue 1
*GROSS is the rate of interest paid to eligible non-taxpayers without deduction of tax. Please note interest will be paid net of tax unless you are eligible to receive interest gross and submit the required registration form to us.
**AER stands for Annual Equivalent Rate and shows what the interest rate would be when interest is paid and added to the capital balance each year.
No closure or withdrawals are permitted before maturity. Northern Rock plc is a new bank, authorised by the FSA as a deposit taker and mortgage lender from 1 January 2010. It offers savings accounts to customers in the UK and Ireland and mortgage products to UK borrowers. New products are offered through both direct channels - including a national branch network - and mortgage intermediaries.
Northern Rock continues to operate within the compensatory measures agreed with the EC as part of the State Aid approval announced in October 2009.
Northern Rock plc - Registered in England and Wales (Company No. 6952311).
Registered Office: Northern Rock House, Gosforth, Newcastle upon Tyne, NE3 4PL.
Authorised and regulated by the Financial Services Authority.
Northern Rock Launches New Fixed Rate E-Bond
Northern Rock has launched a new web-based savings account for those who wish to operate their finances online.
2010-10-03
ELSE PRESS RELEASES FROM THIS DATE:
Promethean Launches 'Give Every Child a Voice' Recycling Campaign
2010-10-03
Promethean, the interactive learning technology business, is launching 'Give Every Child a Voice', a recycling campaign among Scottish schools to support the NSPCC's ChildLine, the 24 hours-a-day helpline for children and young people.
Promethean is bringing together schools across Scotland to help raise funds for ChildLine by recycling old or unwanted mobile phones. For every 250 mobile phones a school collects, Promethean will donate GBP500 to ChildLine in Scotland and an ActivExpression Learner Response System will be awarded to the school.
The ActivExpression ...
npower Launches Competition to Find the Football Stars of Tomorrow
2010-10-03
npower is encouraging kids who fancy themselves as the next Rio Ferdinand, or Faye White, to pull on their boots and enter the Football League Kids Cup and Girls Cup.
Faye White, the women's England captain, was joined by sports presenter and amateur player Ben Shephard at Football League ground Queens Park Rangers to call for entries.
Schools across the country have until 8th October to sign up for both cups by entering their local competition, in the hope of winning the chance to represent the club at the regional, and then later area and national phases of the ...
The National Trust and The Art Fund Launch Appeal to Save Brueghel
2010-10-03
The National Trust and the Art Fund have launched a GBP2.7 million fundraising campaign to save an iconic Old Master painting for the nation.
'The Procession to Calvary' by Pieter Brueghel the Younger is the star attraction at Nostell Priory in Yorkshire, owned by the National Trust since 1954, where it has hung for over 200 years. Now, however, the painting, which is still owned by Lord St Oswald, has been put up for sale, with the risk that Nostell's greatest work will no longer be accessible to the public.
Completed in 1602, and amongst Brueghel the Younger's finest ...
Barclaycard Launches Next Generation Online Payments with Smartpay
2010-10-03
Barclaycard has announced the launch of Barclaycard SmartPay. This new secure online payment processing system is designed to help European retailers compete with domestic retailers in foreign markets and reduce the number of transactions where customers do not complete their purchase. Developed in partnership with global internet payment and e-commerce solutions provider Adyen, it will revolutionise cross-border e-commerce by offering a simpler, seamless payment experience to consumers.
Barclaycard SmartPay's next generation functionality offers a single payment gateway ...
Owlient Celebrates its 5th Birthday
2010-10-03
Owlient reached an important milestone in its history as it celebrated its 5th birthday on September 8 2010. The European Internet browser game company celebrated this occasion with its 15 million registered users from all over the World. Owlient is also planning a new international roll-out to keep the numbers growing.
The company began life in the founder's student room in Paris in 2008, and 5 years later it has over 12.5 million horse lovers worldwide who play its most famous browser game, Howrse.com. Owlient also has 2.5 million users who play Babydow, the baby simulation ...
The ICMA Centre Ranked 2nd for Employability by the Times Good University Guide
2010-10-03
The ICMA Centre has been ranked 2nd for employability by The Times Good University Guide 2011*. This ranking demonstrates the emphasis the Centre places on producing graduates with skills and knowledge of real value to institutions in the financial markets.
Dr Adrian Bell, School Director of Teacher and Learning, said: "We are delighted with our position in the rankings. This reflects the Centre's excellent links with leading financial institutions in the City, our practical application of finance theory through the use of our extensive dealing room facilities and our ...
npower Announces Cashback Towards Winter Gas Bill with All Boiler Installations
2010-10-03
npower hometeam has launched a new winter cashback scheme, which will see customers installing a new boiler receive a one off cash payment towards their winter gas bill.
The npower winter gas cashback deal means that any homeowners installing a new A-rated boiler through the company will receive GBP349 cashback, the equivalent value of the average winter gas bill from December to February*. What's more, by having a new A-rated boiler installed, homeowners could save an additional GBP225 in energy costs.**
Richard Cotton, head of sales for npower hometeam, commented: ...
Guoman and Thistle Hotels Launch Additional Meeting and Events Incentive Scheme
2010-10-03
Guoman and Thistle Hotels have launched a dual incentive scheme which includes great offers for meetings and events booked looking to secure event space between now and 31st March 2011.
Guoman Hotels, the exclusive collection of deluxe, inspirational hotels across central London, and Thistle Hotels, the chain of quality full-service hotels in the UK's major cities, are offering meetings and events bookers the chance of winning a whole array of exciting rewards, such as free Apple goodies, a double booking bonus reward, 3% commission boost, free day delegates (this occurs ...
Thistle Hotels Announces Yearly Scottish Evenings Drawing to a Close
2010-10-03
Thistle Hotels has announced that the popular Jamie's Scottish Evenings are coming to an end for another year at the King James Hotel in Edinburgh. The event runs from April to October, 7 nights a week, and will be coming to an end on the 31 October.
Hosted by renowned Scottish entertainer Bill Torrance, diners can enjoy an array of traditional Scottish entertainment and three course meal in Lothian Suite in one of the grandest Edinburgh hotels.
At GBP55 per head inclusive of wine, guests can sample fresh, locally sourced produce, such as Shetland salmon, Highland ...
Chicago Trial Attorney, Philip J. Berenz, CPA, JD, Discusses Guatemala Syphilis Study from the 1940s
2010-10-03
On October 1, 2010, numerous news articles were released regarding the recently-discovered Syphilis experiment or "study" in Guatemala on unknowing mental health "participants." Apparently, according to the numerous news articles, the doctor involved in the infamous Tuskegee experiment on African-American males in Alabama in the 1970s, Dr. John C. Cutler, and the National Institutes of Health, among other United States governmental organizations and the Guatemalan government, itself, knowingly participated and/or approved of the experiment on unknowing victims.
The United ...
LAST 30 PRESS RELEASES:
From camera to lab: Dr. Etienne Sibille transforms brain aging and depression research
Depression rates in LGBTQIA+ students are three times higher than their peers, new research suggests
Most parents don’t ask about firearms in the homes their kids visit
Beer-only drinkers’ diets are worse than wine drinkers
Eco-friendly biomass pretreatment method yields efficient biofuels and adsorbents
How graph convolutions amplify popularity bias for recommendation?
New lignin-based hydrogel breakthrough for wound healing and controlled drug release
Enhancing compatibility and biodegradability of PLA/biomass composites via forest residue torrefaction
Time alone heightens ‘threat alert’ in teenagers – even when connecting on social media
Study challenges long-held theories on how migratory birds navigate
Unlocking the secrets of ketosis
AI analysis of PET/CT images can predict side effects of immunotherapy in lung cancer
Making an impact. Research studies a new side of helmet safety: faceguard failures
Specific long term condition combinations have major role in NHS ‘winter pressures’
Men often struggle with transition to fatherhood amid lack of targeted information and support
More green space linked to fewer preventable deaths in most deprived areas of UK
Immunotherapy drug pembrolizumab improves outcomes for patients with soft tissue sarcoma
A formula for life? New model calculates chances of intelligent beings in our Universe and beyond
Could a genetic flaw be the key to stopping people craving sugary treats?
Experts urge complex systems approach to assess A.I. risks
Fossil fuel CO2 emissions increase again in 2024
Winners of Applied Microbiology International Horizon Awards 2024 announced
A toolkit for unraveling the links between intimate partner violence, trauma and substance misuse
Can everyday physical activity improve cognitive health in middle age?
Updated guidance reaffirms CPR with breaths essential for cardiac arrest following drowning
Study reveals medical boards rarely discipline physician misinformation
New treatment helps children with rare spinal condition regain ability to walk
'Grow Your Own' teacher prep pipeline at the University of Louisiana at Lafayette funded by US Department of Education
Lab-grown human immune system uncovers weakened response in cancer patients
More than 5 million Americans would be eligible for psychedelic therapy, study finds
[Press-News.org] Northern Rock Launches New Fixed Rate E-BondNorthern Rock has launched a new web-based savings account for those who wish to operate their finances online.