Where to save your money with interest rates so low

It continues to be hard going for Britain’s savers. With interest rates continuing at record lows, returns on savings are negligible or worse for the clear majority. One of the main areas affected by low interest rates is that of cash Isas where the average rate paid is just 0.99% with the possibility that this could go even lower as Britain starts to negotiate its withdrawal from the European Union with many economists predicting an economic slowdown. It may be hard to believe that the rates paid on Isas could drop further – particularly when you consider that NatWest only pays 0.01% on its Isa – but the likelihood is that they will. So, where should savers wishing to get a half decent return on their investments put their money. Here, we look at the alternatives to cash Isas where the tax saving benefit seems to have become negligible: Interest-bearing current accounts Bizarre as it may seem, many of the current accounts available on the high street and online now pay much hi
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