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Savings – some reward for thrift

Comment 26th August 2010

Set up savings plans with the banks which we taxpayers have rescued which pay interest rates of at leaset 1% over inflation

Why does this matter?

This is important because savers, in particular pensioners who cannot replace funds, are forced into using their capital to survive. This means that when the savings are gone the state will be picking up more expense by way of benefits, tax breaks and the like – another drain on the nation.

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