The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
loyal savers urged to switch accounts for better interest rates
Loyal savers at Barclays and Lloyds Bank are urged to reassess their savings accounts, as many are missing out on better interest rates amid rising inflation. With some easy-access accounts offering as low as 1%, switching to more competitive options could yield significantly higher returns, potentially increasing earnings from £100 to £300 annually on a £10,000 deposit. As the new tax year approaches, several providers have enhanced their rates, making it crucial for savers to explore their options and maximize their savings potential.
edinburgh office building acquired for redevelopment into modern workspace
Scarborough Group International has acquired the former Younger Building in South Gyle, Edinburgh, from OakNorth Bank. The 89,863-square-foot office, originally built for RBS in the late 1990s, is set for redevelopment to meet the demand for high-quality Grade A office space, with plans to begin transformation this summer. CEO Simon McCabe emphasized the building's prime location and potential to set a new benchmark for modern workspaces in West Edinburgh.
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