Abbey International has responded to the change in UK Base Rate in July and has again passed on the full 0.25 per cent increase to its Gold account and Instant Access Savings account customers. 
     
Abbey International has already raised savings rates by 0.25 per cent on all of its Base Rate Tracker family of accounts two days after the UK Base Rate rise in July.

Commenting on the latest rate rise, Jane Matthews, Head of Marketing & Business Development at Abbey International said: “The UK Base Rate is now at its highest point since 2001 and our range of savings products reflects this. Our Gold and Base Rate Tracker range of accounts are used by a wide range of customers around the world, both as their main offshore Banking facility and to supplement local transactional accounts.

Barclays Capital, the investment Banking division of Barclays PLC, has announced the launch of a new structured deposit account specifically designed to offer investors the opportunity to gain exposure to global Equities, global hedge funds, European property and global commodities. 
     
Access to the deposit is via the most offshore life Bond providers, with a brochure and fact sheet available on www.barclayoffshoresolutions.com

David Macdonald, director, Barclays Capital, said: “This deposit highlights our strength in providing investors with products that offer security and the potential for growth. Diversification techniques are in great demand and this deposit offers investors the chance to benefit from any continuation in the strong growth we have seen in Equities, hedge funds, European property and commodities.