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The Independent UK
The Independent UK
National
Vicky Shaw

Cash savings rates have improved but still cannot beat inflation, says website

PA Archive

The cash savings deals currently on the market cannot beat inflation at 10.4%, but savers can at least offset some of the impacts by shopping around.

Two years ago, in March 2021, more than 300 savings deals, including regular savings accounts and Isas, could beat the rate of inflation at that time, which was significantly lower than it is now, according to analysis by Moneyfactscompare.co.uk.

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