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Fives years of 0.5%: What’s the solution for savers?

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Fives years of 0.5%: What’s the solution for savers?

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  • Savers are suffering the damaging effects of five years of ultra low interest rates
  • Savers often think of cash as a safe haven but due to inflation, £10,000 put away in savings five years ago, is now worth £8,960 in real terms.
  • Savers will continue to miss out on inflation-beating returns unless they switch to another savings vehicle.
  • Read the full story here, on Yourmoney.com

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