Archive for the ‘Savings’ Category
Struggling Savers Might Stop Saving.
Friday, April 29, 2011 @ 10:04 AM
The fall inflation could stop savers saving, shoppers have to have a look at moving beyond straight savings accounts and cash ISAs in search of greatercosts in March. Foodstuff and non-alcoholic drinks costs fell 1.4%, the largest fall from march. Almost one in ten customers will quit saving in 2011, according to figures, as the UK struggles in opposition to shrinking spending power and too handful of savings accounts that beat inflation.
Inflation figures out now took analysts by surprise when it fell to 4% in March from February’s four.4% but savers still stand to shed out, market authorities warn.
Inflation figures out now took analysts by surprise when it fell to 4% in March from February’s four.4% but savers still stand to shed out, market authorities warn.
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