THE  BANK  OF  ENGLAND  BASE  RATE  IS  CURRENTLY  SET  AT  3.00  %

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Vodafone customers give thumbs down to Blackberry Storm 9500 - 18th Nov 2008

Vodafone released its exclusive, long awaited Blackberry Storm 9500 last week. The usual “brilliant reviews” and the advertising preceded the release of the handset. At the time of the release, Vodafone had thousands of customers pre-registered to receive the new handset as it was said to combine an iphone and a blackberry in one.

Financial Services Compensation Scheme (FSCS) pays out £0.25bn to Icesave customers - 17th Nov 2008

UK customers of Icesave are starting to get their money back after the Financial Services Compensation Scheme (FSCS) began making payments last week. By the end of Friday 14 November 2008, FSCS had initiated payments to the value of  £0.25bn to UK Icesave customers.

Icesave customers to get their compensation within next five days - 13th Nov 2008

UK retail customers of the Icelandic bank Icesave, which was part of the Landsbanki, have received the second e mail to initiate the transfer of the money into their linked bank accounts.
The e mail asks the customers to log into their Icesave account, and then initiate the transfer. Customers with the fixed rate accounts have the option to keep the money where it is and wait for the fixed period to end. Once initiated, it will take five working days for the money to reach the nominated bank account.

Sunday’s lighter note - 9th Nov 2008

As the newspapers and TV are full of speculations about what kind of dog the new US president-elect Obama will get for his daughters, the events at Whitehouse might have helped him which breed to chose.

ASDA recalls DVD players amid fears that consumers could be electrocuted - 7th Nov 2008

ASDA, part of Wall Mart  has recalled 60,000 DVD players that have a design fault, which could put consumers at the risk of being electrocuted.

Monetary Policy Committee cuts the UK base rate - 6th Nov 2008

Monetary Policy Committee (MPC) announced a 1.5 percent cut in the UK interest rate, bringing it down to 3 percent.




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