Moneynet in The Press
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banks paying quarter of savers 1% or less
Published: 21/12/2008 |
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This Is Money (web) Savers have been hit hard by recent interest rate cuts with one of four deposit accounts now paying returns of only up to 1%, figures showed today. Moneynet.co.uk said if someone had £50,000 invested in an account paying an interest rate of 0.3%, they would earn a return of just £10 a month after tax. |
