Scary Statistic – Inflation Hurts – 12/09/11

Sep 12 • Featured, Uncategorized • 749 Views • Comments Off on Scary Statistic – Inflation Hurts – 12/09/11

According to a piece by Emma Wall in today’s Telegraph the combination of a record low Bank Rate (a paltry 0.6%) and high inflation (heading for 5%) savers in the UK are losing out on a potential £5 billion a year as inflation eats away at their savings.

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