Summary
INFLATION is running at 3.4 pc a year, its highest rate since December 2004 as measured by the Retail Prices Index. It is expected to rise further following last month's increase in mortgage rates.
Higher-rate taxpayers now need to earn 5.66 pc before tax and basic-rate taxpayers 4.25 pc, on their savings simply to keep their value intact.See the full content of this document
Extract
Give Your Savings a Tax Break ; Moneymail: Save It
You can keep ahead of inflation with National Savings ...
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