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For example, current year cash ISA subscription money can be held in a help to buy account, instant access accounts, fixed rate accounts, variable rate accounts and deposit accounts with the same cash ISA manager in the same overall ISA even though this is five or more accounts. None could be held in any accounts within another cash ISA elsewhere.
National Savings and Investments (NS&I), formerly called the Post Office Savings Bank and National Savings, is a state-owned savings bank in the United Kingdom. It is both a non-ministerial government department [2] and an executive agency of HM Treasury. [3]
Halifax (previously known as Halifax Building Society and colloquially known as The Halifax) is a British banking brand operating as a trading division of Bank of Scotland, itself a wholly owned subsidiary of Lloyds Banking Group. It is named after the town of Halifax, West Yorkshire, where it was founded as a building society in 1853.
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C&G was closed to new mortgage [1] and savings business on 9 September 2013. All Cheltenham & Gloucester were either closed or rebranded as Lloyds TSB in 2009. [ 2 ] Then, in September 2013, all former C&G branches were transferred to the newly established TSB Bank plc as part of a divestment of a significant portion of the Lloyds TSB business ...
In 2006, HBOS secured the passing of the HBOS Group Reorganisation Act 2006 (c. i), a local act of Parliament that rationalised the bank's corporate structure. [6] The act allowed HBOS to make the Governor and Company of the Bank of Scotland a public limited company, Bank of Scotland plc, which became the principal banking subsidiary of HBOS.
Fixed Saving Account ISA Atom Bank [11] 2015 App-based bank offering savings and mortgages. No Allica Bank: 2019 Full-service challenger bank focused specifically on established SMEs. Business Monzo [12] 2016 One of the early app-based banks, Monzo has 9.3 million customers as of June, 2024. Yes Metro Bank [13] 2010
An individual aged 18 or over was able to open a TESSA with a bank, building society or other financial institution from 1 January 1991 [2] to 5 April 1999. A specific requirement was the presentation of the applicant's National Insurance number, to ensure only one TESSA (tax free) account investment could be operated by the individual per year.