Briefly: Commission cut on MFI shares

PEOPLE wishing to buy or sell MFI shares are being offered a reduced commission rate at the Norwich & Peterborough Building Society until 7 August.

Minimum commission is now pounds 15 per deal and up to three members of the same family will be charged only pounds 2 each for batched deals. This means that a family of four selling 300 MFI shares each would be charged pounds 21 on the proceeds of around pounds 1,404.