Fed up with low interest rates on your savings? Then go down the pub and earn 11% interest by handing your money to one of the biggest companies operating pubs in the UK. It's just one of the more exotic ways that savers, desperate to earn more on their cash, can now pick up a better return.
Britain's biggest financial advice group, Hargreaves Lansdown, has opened a new service that lets small savers buy high-interest corporate bonds that pay rates far above those available from accounts at the high street banks. The retail bonds of pub company Enterprise Inns, for example, are paying interest of 11.2% – and assuming it doesn't go bust, you'll be paid the interest, and your capital back at maturity. Bonds in Halifax, now owned by Lloyds Bank, are paying 9%, while insurance company Aviva is paying 8.3%. Even Goldman Sachs is paying a "coupon" of 6.5%.
To read the full, original article click on this link: 10 ways to improve the return on your savings | Money | The Guardian
