The Worst Named and Shamed ; Money Mail : Save It

Daily MailJanuary 14, 2009

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Summary


ARE you trapped in one of Britain's poorest savings accounts paying a paltry rate of interest? If so, move your money now to a better-paying account.

The rate may not be huge, but it will be better than 0.1pc before tax now paid on 90 savings accounts -- or the 0pc given by Barclays to some in its Bonus Saver account.

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Extract


The Worst Named and Shamed ; Money Mail : Save It

Savings rates are due to fall again next month following last week's cut in Bank of England base rate to a historic low of 1.5pc. The reductions are disastrous for savers who outnumber borrowers seven to one and hav...

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