Savers miss out on £43 billion in interest

There's more bad news for savers after yesterday's announcement from the Bank of England that it would be keeping the Base Rate on hold at 0.5 percent. It's didn't come as much of a surprise to many, but it does make life tough if you want to get a good return on your hard-earned cash.

In fact since the Base Rate was cut to 0.5 percent two and a half years ago, the Bank of England estimate that savers have lost out on £43 billion in interest.