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tie up your cash to beat inflation
Published: 22/11/2009 |
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Sunday Express (Financial) Savers are being urged to consider tying their money up in fixed-rate accounts to ensure their nest eggs are not eroded by rising inflation. As a result, a basic-rate taxpayer will now need to earn 1.875 per cent before tax to maintain the “real” value of their savings pot, according to price comparison service Moneynet.co.uk.
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