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Evening Standard
Evening Standard
Politics
Vicky Shaw

Choice of inflation-beating savings accounts ‘lower than a year ago’

Inflation Moneyfacts
Moneyfactscompare.co.uk’s analysis of cash savings deals on the market found 976 savings accounts that beat inflation (Nick Ansell/PA) - (PA Archive)

Sticky inflation is squashing savers’ real returns on their pots of cash, making it essential for people to shop around, according to a website.

The rate of the Consumer Prices Index (CPI) was 3.8% in August, the same as July, according to Office for National Statistics (ONS) figures.

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