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time for savers to use their hunting instinct

Published: 08/02/2009

Sunday Telegraph (Money and Jobs) – 8th February 2009

 

Thursday’s Bank of England Bank Rate cut from 1.5pc to 1pc marks an unprecedented low for savers.

 

“Pensioners and those who rely on a monthly income from their nest egg to supplement their income are being driven to despair as they are increasingly forced to dig into their capital just to make end meet,” Andrew Hagger of Moneynet.co.uk warned.

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