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Halifax is today asking the Government to give a timeline to introduce a regulatory framework in the sale and rentback industry. Recommendations were made to the government by the Office of Fair Trading and Halifax welcome the proposals to have the Financial Services Authority (FSA) regulate. The sale...
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The Financial Services Compensation Scheme guarantees up to £35,000 of savings with each firm that is authorised by the Financial Services Authority as a bank or building society, i.e. the firm has permission from FSA to undertake ‘Deposit Taking’. You can check this on FSA’s...
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Now that HBOS has been taken over by Lloyds TSB, will the Halifax continue to be covered by the Bank of Scotland's Deposit Takers license, or will this license lapse causing the Halifax to be covered by Lloyds TSB's license?
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This information that you are looking for can be found by looking at the best buy tables on our website. http://www.moneyfacts.co.uk/savings/bestbuys/default.aspx
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Hi can you tell me if either HBOS or LLOyds TSB appear in any "best buy" tables for any type of saving accounts.
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Unfortunately we’re not in a position to comment on the financial position of any financial institution. As you can probably imagine this is a complex area and is subject to strict oversight by the Financial Services Authority. Both FSA and Government have indicated by their recent actions (such...
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Could halifax go under within the next month? How possible is that if the merger falls out please? Thanks
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In light of the collapse of Lehman Brothers and AIG, and merger of Halifax Bank of Scotland with Lloyds TSB lots of you are concerned about whether or not your savings are safe. Here is the latest position with regards to how your savings are protected... The Financial Services Compensation Scheme guarantees...
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What a week! Lehman Brothers files for bankruptcy The US Treasury bails out AIG with $85bn Bank of America buys Merrill Lynch Trading on the Russian stock exchange is suspended after steep falls And now we learn that Lloyds TSB is in advanced merger talks with HBOS, which obviously involves Halifax and...
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£3000 in a cash isa not certain but i think halifax are giving10% interest over the next year. mind you if inflation gets out of hand a govt inflation linked bond for the £7000 remaining sounds good if you are feeling brave lloyds shares are cheap at the moment returning 10.4% and a bonus...
