• Text size
  • Send this article to a friend
  • Print this article

Savers hit by ‘double-whammy’ of low interest and high inflation

In a two-part special on saving, Naomi Caine considers if there’s still anywhere you should put your money for a rainy day

 

Savers will find little comfort in the latest inflation figures. Yes, inflation has fallen slightly, but the Consumer Price Index (CPI) at 3.2% is still way above the government’s 2% target.