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West Brom Building Society launches ‘best buy’ ISA with ‘extremely competitive’ interest | Personal Finance | Finance

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The West Brom has launched a new 60-day notice offering 5.25 percent interest – a joint best buy in its category.

Notice accounts act as a middle ground between easy access and fixed rate, and interest is nearly four times higher than last year. These accounts allow people to withdraw money, but they have to give the bank an agreed amount of notice beforehand or they could face penalties.

Sophie Dwyer, Product Manager at the West Brom, said: “Following on from the launch of our new WeBSave 60 Day Notice Account, we’re pleased to be extending this proposition with this new ISA.

“The ISA offers a great alternative product for taxpayers, allowing them to make the most of their savings at a rate that is extremely competitive within the market.”

The WeBSave 60-Day Notice ISA can be opened and managed online with as little as £1.

Withdrawals are permitted but are subject to serving a 60-day notice period. Earlier access is possible at a charge equivalent to 60 days’ loss of interest.

Interest can be paid monthly or annually and up to £1million can be held in the account in total.

Joining the West Brom at the top of the leaderboard in the 60-day notice ISA category is Stafford Railway Building Society’s Cash ISA 60-Day Notice Account, which also offers an Annual Equivalent Rate (AER) of 5.25 percent.

This account can be opened online by savers aged 16 or over with a minimum deposit of £100.

Interest is paid annually and up to £75,000 can be held in the account overall. Withdrawals, closure, or transfers to another account are subject to 60 days written or verbal notice.

Placing just behind is Furness Building Society’s 60 Day Notice Cash ISA (Issue One) offering an AER of 4.1 percent.

The account requires a larger deposit of £1,000 and can be opened in a branch or by post by savers aged 16 or over.

Interest is calculated daily and applied annually on April 5 and similar to the other accounts, 60 days’ notice must be given before a withdrawal or savers will face a penalty equivalent to that 60 days.

Commenting on the market, Rachel Springall, finance expert at http://Moneyfactscompare.co.uk , said while savers may find average interest rates across easy access accounts breached three percent for the first time in almost 15 years following consecutive Base Rate rises, not every account has seen the benefits.

Ms Springall said: “It is imperative that savers take time to compare and switch deals. If savers are comfortable to give notice to access their funds, they will find both notice accounts and notice ISAs pay over four percent on average.

“It’s always worth exploring the different options available and choosing a deal that suits specific needs.”



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US Issues Travel Advisory For Citizens As Airspace Partially Reopens

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The United States government on Wednesday issued an urgent security alert for American citizens inside Iran, urging them to leave the country immediately as Iran’s airspace partially reopened following weeks of conflict between the two nations.

The advisory, posted by the US State Department’s official travel account on Wednesday evening, said, “US citizens should leave Iran now, monitor local media for updates, and consult with commercial carriers for additional information on flights out of Iran.”

ALSO READ: Mid-Air Accident: South Korea Probe Finds Jets Collided As Pilots Took Photos During Flight

The alert, issued as Iran’s airspace reopened partially on April 21 after being closed during the active phase of the US-Iran war, outlined multiple exit routes available to Americans still in the country. 

“Americans seeking to depart Iran may also depart by land to Armenia, Azerbaijan, Türkiye, and Turkmenistan,” the advisory stated, while adding a critical warning, “US citizens should not travel to Afghanistan, Iraq, or the Pakistan-Iran border area.”

The advisory also flagged the risk of deliberate obstruction by Iranian authorities. “Be aware that the Iranian government may prevent US citizens from departing or charge an ‘exit fee’ for departures from Iran,” it warned.

In a specific note for dual nationals, the alert stated that “US-Iranian dual nationals must exit Iran on Iranian passports.”

The advisory comes at a volatile moment in the US-Iran standoff. 

A two-week ceasefire, which had been set to expire Wednesday, was extended by US President Trump at the request of Pakistani mediators — though the US naval blockade of Iranian ports remains firmly in place. 

Meanwhile, peace talks in Islamabad remain stalled, with allegedly Iran’s civilian and military leadership sharply divided over whether to engage with Washington’s conditions.

ALSO READ: Trump Offering Iran 3 To 5 Days To Respond On Peace Talks Amid Extended Ceasefire Deadline: Report

The partial reopening of Iranian airspace signals a fragile easing of hostilities, but US officials have made clear the situation remains deeply uncertain. 

With US Vice President JD Vance’s planned trip to Islamabad for a second round of peace talks postponed indefinitely and Tehran refusing to formally commit to negotiations, American citizens on the ground in Iran face an unpredictable and potentially dangerous environment.

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Govt Mulls Crackdown On Polymarket, Kalshi, Other Prediction Market Apps As Election Betting Spikes

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Prediction market apps such as Kalshi, Polymarket have come under the lens of Ministry of Electronics and Information Technology of India MeitY’s scanner. 

Platforms such as Kalshi, Polymarket are used for betting on election outcomes, IPL and many other events, and MeitY is currently mulling action against these apps. 

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Mother Dairy FY26 Revenue Rises 17% To Rs 20,300 Crore; Eyes Rs 24,000-Crore Turnover This Fiscal

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Mother Dairy achieved a 17 per cent growth in its turnover to Rs 20,300 crore last fiscal on better demand for its milk products and cooking oils, its new MD Jayateertha Chary on Wednesday said, adding that the company has set a 20 per cent revenue growth target for 2026-27.

Mother Dairy, one of the leading milk suppliers in the Delhi-NCR, is not contemplating any increase in milk prices despite a rise in input costs, he said.

“Our turnover grew 17 per cent to Rs 20,300 crore during 2025-26. In the last five years, the company’s turnover has doubled to cross the Rs 20,000 crore milestone,” Chary told PTI.

Its turnover stood at Rs 17,500 crore in 2024-25.

Chary noted that the company achieved volume and value growth during the last fiscal year, while attributing the success to “consumer trust” in its products.

Out of the total turnover, the dairy vertical contributed over Rs 15,000 crore, while edible oils and horticulture segments accounted for around Rs 5,000 crore. Around 63 per cent of the company’s revenue came from Delhi-NCR and the remaining from the rest of India.

Value-added dairy products (over 23 per cent) and edible oils (25 per cent) contributed the most to the turnover growth.

Milk business outpaced industry growth, delivering 11 per cent volume growth.

On the outlook for the current 2026-27 fiscal, Chary said the company is targeting a strong 20 per cent growth.

When asked about plans to hike milk prices, he said, “Our input costs for milk procurement have increased. Prices of packaging materials have gone up by 20 per cent. We are currently absorbing the rise in input cost, and we are not contemplating any increase in prices as of now”.

He said there is no issue with the supply of gas and packaged materials.

On plans to enter a new segment, Chary said the company is not looking at entering new segments but will expand its range in the product categories where it is already present.

Mother Dairy regularly introduces new varieties of ice cream and has recently introduced ‘raita’.

Regarding edible oils, he said the prices have inched up because of costly imports.

On capacity expansion, Chary said the company had announced Rs 2,000 crore capex to expand dairy and horticulture businesses. It is setting up plants in Maharashtra, Gujarat, Bihar, Andhra Pradesh and Uttar Pradesh.

The company expects to complete these expansions by the end of the next calendar year.

The top official also highlighted that quick commerce contributed 5 per cent to its overall turnover. The sales through this channel are growing rapidly, reflecting accelerating digital adoption and expanding consumer access.

The company has expanded its distribution footprint to over 95 cities, achieving 100 per cent coverage across metros and Tier-II markets.

Mother Dairy, commissioned in 1974, is a wholly-owned subsidiary of the National Dairy Development Board (NDDB).

The company sells milk and milk products under the ‘Mother Dairy’ brand. It markets edible oils under the ‘Dhara’ brand. Fresh fruits & vegetables, frozen vegetables, snacks, pulps and concentrates are sold under the ‘Safal’ brand.

Mother Dairy owns nine milk processing plants and four horticulture processing plants. In edible oil, the company operates through 16 associated plants.

(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)

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