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With their problems behind them, Northern Rock has launched two best-buy savings bonds maturing in 2012 and 2014. Is paying 3 15pc to 20 January 2012 competition for deposits up to ￡ 250,000 with more additions permitted while the link is still on the market.

The second is a binding of three years, maturing on January 20, 2014 and it pays 4pc. Early withdrawals are not allowed to be bonded.

Verdict With these two bond market, Northern Rock hosts Eve short and long term. If you have a lump sum, you can lock away without worry, take your pick, but be warned, these offers are only available online.

Leeds has matched, Northern Rock - savings rate and makes non-taxable. The new fixed ISA one year of Leeds Building Society pays 3pc, i.e. the market rate.

The ISA does not accept transfers, however, so you can invest only benefit this year - that is up to ￡ 5,100. Savers are permitted access to up to a quarter of their free money on sentencing, after which they will lose interest 90 days of. For more information go to www.leedsbuildingsociety.co.uk or call 0845 050 5075.

Verdict It may be the ISA market, but unless you register for the first time, there is little need the ISA that does accept transfers. If you have never used your limit before ISA, then start saving - in this account. Otherwise, choose the next best buy, which takes the hard work of previous years.

Coventry Building Society has found a new solution to the reduction of the allowance. For those lucky enough to always receive little-to-be-means-tested benefits, Coventry encourages put you money into a paying 3pc access savings account.

It is one of the best facilitate market access savings account. Will it be available to those in receipt of child benefit payment must be paid directly to the account to qualify. However, any rate taxpayer who subsequently loses this advantage or parents who are no longer get paid once their child reaches 18 may continue to
make deposits as
they want to.

Kevin Mountford, moneysupermarket.com, said: "is the account with a bonus point percentage during the first year, but even when the rate of decline;" two per cent is always a good rate on the market today. ?

Verdict 3Pc rate includes one year, the bonus point of percentage, but even after fall rate, 2pc is still a reasonably competitive rate for a regular sleep - and if you disagree, you can always switch accounts within 12 months.

SAFFRON Building Society has launched a Christmas regular saver account. Pay ￡ 50 month for 11 months and maturity, interest and capital paid in love 2 Shop, ￡ 40 voucher over the 550 ￡ invested.

David is an annual declaration of 15 83pc calculated Defaqto Black. He said: "As the return and capital are good, the attractiveness of the agreement depends if you want to spend ￡ 590 with love 2 good Shop."

SAFRAN said if BS this undertaking good as he could find a comparable alternative. More details at www.saffronbs.co.uk/savings. Love 2 Shop coupons are accepted at more than 200,000 stores across the country for more information go to www.highstreetvouchers.com/gift-vouchers/love2shop.

Verdict Even if a 15 83pc return is impressive, says Mr. Black, nothing is this account unless you want to shop with love 2 Shop vouchers.

Payments must be ￡ 50 per month, while savers can withdraw money by closing the account. No interest is paid on withdrawals at the beginning.

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The company reported a loss of ￡ 15. 9 m for the six months on 2 October, compared to a profit of ￡ 7. 2 m the previous year. The results were affected by a ￡ 10. 9 fresh m pension. Sales slipped 453 million from ￡ from ￡ 466. 9 m.

However, like-for-like sales picked up, climbing 2 7pc in the first half and 6pc in the second quarter, helped by demand for ready-made and biscuits on Fox.

Food North has taken measures to improve companies, including new robot packing biscuit Fox and exiting low margin contracts and plant closures in the division cooked. Stefan Barden, Chief Executive, said the company would now begin a "self help" program in the area of food frozen, which includes the Goodfella and McDougall pies.

The frozen food company reported a loss of ￡ 4.6 m for the first half, compared with ￡ 5.1 m profit last year, after sales 21pc.Aliments North spent about 5 m ￡ on an advertising campaign featuring the "pizza fairy" and new produits.M.Barden says that the company will now focus on improving the presentation in stores, ensure that buyers can find his pizzas and promotions which are more attractive than rival Dr. Oetker, offering

"At this time that they you hit all that databases and we have to get better,"he said.""

Shares slipped 45?p ?p.

North has also maintained its dividend for the semester to 1.55%, payable on January 28.

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Mr. Hoffman, set to receive ￡ 350,000 more benefits from State-controlled lender for accepting does not work for six months, said Friday that he would not collect a portion of it.

The banker, who was nicknamed gardener more expensive Great Britain told the Daily Telegraph: "it was never my intention to take six months gardening leave and certainly never my intention to sit at home are paid by the taxpayer do nothing."

He added: "I reflected throughout the night and called Ron Sandler [Chairman of Northern Rock] in the morning and it said I would not take any payment while I'm gardening leave."

Mr. Hoffman, who quit smoking to join NBNK, one of the newcomers on the banking market, said that he had not discussed his decision with someone else to Northern Rock or the community insists on the fact that he had "are not any pressure" to drop the package.

However, referring to public anger on the pay-off of the Royal Bank of Sir Fred Goodwin Scotland, Mr. Hoffman said: "I feel bankers are often tarred with the same brush."I just felt that it was the best thing to do. ?

The pay-off, which consisted of ￡ 140,000 contributions to pension funds of ￡ 6,000 in allocation of car with gasoline, was described by M. Sandler, Mr. "minimum contractual right Hoffman.".But it was met with dismay throughout the country.

Join, union, said that he was "disgusted" with the "Golden farewell".Brian Cole, officer of the unit, said: "the price of half a million pounds for Mr. Hoffman put his feet is punched in the stomach for 2,500 employees of Northern Rock, sacked by Northern Rock for the last two year."

The contract has been designed to ensure that Mr. Hoffman did not compete with Northern Rock at its new emploi.NBNK, which is chaired by the Chairman of Lloyd s of London Lord Levene was a tip as a likely bidder parts of Northern Rock.

Mr. Hoffman, who is credited with rescue and turning around Northern Rock, since he was hired to Barclays in 2008, says that it is always prohibited to work for six months.

He said that there are no plans to time libre.Il said: "I'll be looking through Coventry versus Leeds premiere place.Et I spent about two years away from my family, it is nice to see them again."

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Departure of Mr. Hoffman should be announced the week after a weekend meeting next to discuss his future with Northern Rock, which he directs since 2008.

Speculation was widespread in recent days that Mr. Hoffman is the leading candidate to work from the Chief Executive in NBNK banking startup headed by Lord Levene, Chairman of popular London Lloyd.

Departure of Mr. Hoffman would Ron Sandler, President of non-executive of Northern Rock, back at the helm of the lender in the meantime. Sandler has led the lender has failed in the months after his multi-
bailout State billion pounds.

Northern Rock has refused to comment on whether the departure of Mr. Hoffman was imminent and said that he remains Chief Executive .NBNK refused to comment on.

Mr. Hoffman was credited with the spectacular Northern Rock, which earlier this year was able to remove the guarantee deposit emplaced in the aftermath of a race on the rive.Il Government also led the separation of Northern Rock in a "good Bank" consisting of operations continue turnaround of the company and a "bad bank" toxic assets that can be executed several years.

Before joining Northern Rock, Mr. Hoffman has worked to Barclays, where he was Group Vice President and Executive Director, who joined the Bank as a graduate in 1982.

If it were to join NBNK, it can lead to a situation in which it could lead to a call for tenders for the parts of the Northern Rock sold by the Government of the reprivatization of nationalised banks.

Northern Rock Plc, which consists of the assets of the "good Bank", is held by UK Financial Investments (UKFI), who also holds State holdings in Lloyds Banking Group and Royal Bank of Scotland.UKFI has a mandate to manage the sell-off of these farms, and the sale of Northern Rock Plc is a large part of its work.

Northern Rock Asset Management (NRAM), part "bad bank" company was transferred to another organisation, UK Asset resolution.

NRAM portfolios will be merged with the now defunct lender Bradford & Bingley, which was nationalized around the same time as Northern Rock, the trouble after toxic assets during the financial crisis.

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