Football savings plan suggested

Wed, 08 Oct 2008

Football fans who fancy a trip to the 2010 World Cup in South Africa should open a savings account to amass the required funds, according to one expert.

Reza Attar-Zadeh explained those who want to make the journey will need to put at least £169.76 a month in to a savings account offering an interest rate of 6.5 per cent.

Those looking to travel in style and stay in a luxury hotel will need to make savings of £562.46 a month.

He said: "Those who fancy the national teams' chances of not only making it to South Africa, but going all the way to the final have some serious saving to do."

If England do fall short, then people might want to consider blowing their hard earned savings on a holiday somewhere far away from a television, Mr Attar-Zadeh added.

Yesterday, Moneyfacts.co.uk stated Northern Rock could be forced to close its savings account to new customers as it is close to holding 1.5 per cent of national deposits which, under the terms of its nationalisation, it is not allowed to exceed.
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