Sep 24 2007
Savings rates for UK consumers have become increasingly attractive amid the turmoil affecting financial markets around the world, the Abbey banking group has claimed.
The financial services firm insists that more and more Britons are taking advantage of the opportunity to gain a good saving deal as thy aim to secure their own or their children's financial future.
"Market movements" in recent weeks mean relatively strong saving rates have been made available, but Abbey is convinced that the situation could be short-lived and advises Britons to make the most of the recent turbulence.
Reza Attar-Zadeh, director of savings and investments at Abbey said: "This is a great time for savings and we are seeing interest from new savers at unprecedented levels.
"We have received exceptional demand for our eBond and Bond products. We would urge savers to take advantage of these excellent rates while they last."
Last week, the Family Investments company, which provides various child trust fund products, launched a tool designed to help parents choose a name for their newborn child.
