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Abbey National plc. The Abbey National Building Society was formed in 1944 by the merger of the Abbey Road and the National building societies. It was the first building society in the United Kingdom to demutualise, doing so in July 1989. The bank expanded through a number of acquisitions in the 1990s, including James Hay, Scottish Mutual ...
A specific requirement was the presentation of the applicant's National Insurance number, to ensure only one TESSA (tax free) account investment could be operated by the individual per year. Interest on the TESSA was free from UK income tax. The favourable tax treatment of a TESSA lasted for five years, and it was possible to invest up to £ ...
The Abbey National was the first society to demutualise in July 1989. In the 1980s, changes to British banking laws allowed building societies to offer banking services equivalent to normal banks. The management of a number of societies still felt that they were unable to compete with the banks, and a new Building Societies Act was passed in ...
Individual savings account. An individual savings account ( ISA; / ˈaɪsə /) is a class of retail investment arrangement available to residents of the United Kingdom. First introduced in 1999, the accounts have favourable tax status. Payments into the account are made from after-tax income, then the account is exempt from income tax and ...
Bradford & Bingley plc was a British bank with headquarters in the West Yorkshire town of Bingley . The bank was formed in December 2000 by demutualisation of the Bradford & Bingley Building Society following a vote of the building society 's members, who swapped their nominal share of the building society for at least 250 shares of the newly ...
The National & Provincial Building Society was a mutual building society based in Bradford, England. It was established in 1982 by a merger between the Provincial Building Society and the Burnley Building Society . On 5 August 1996, Abbey National took over the National & Provincial. [1]
Priory. A priory is a monastery of men or women under religious vows that is headed by a prior or prioress. Priories may be houses of mendicant friars or nuns (such as the Dominicans, Augustinians, Franciscans, and Carmelites ), or monasteries of monks or nuns (as with the Benedictines ). Houses of canons regular and canonesses regular also use ...
Salman bin Hamad bin Isa Al Khalifa (Arabic: سَلمَان بن حَمَد بن عِيْسى آل خَلِيْفَة, romanized: Salmān bin Ḥamad bin ʿĪsā Āl Khalīfa; born 21 October 1969) is Crown Prince and Prime Minister of Bahrain.