Alternatives to Saving Can Yield a Good Return
Read the full article at Western Morning News.
How Can I Boost the Income on My Savings?
Interest rates on cash savings are at an all-time low. Currently, it is difficult to get much over 2% gross for a no-notice account, whilst inflation (RPI) is stubbornly high at 3.2% and shows no signs of abating. This means that savers face a falling standard of living as inflation erodes the purchasing power of their cash.