Boost your income at low risk

Savers keen to boost their income should check out solid company bonds.

The past three years have been dreadful for Britain's savers, especially those who rely on their spare cash to generate income to support their everyday lives.

Between October 2008 and March 2009, the Bank of England slashed its base rate from 5% to 0.5% a year, where it has remained ever since. Thus, for more than three years, the base rate has been stuck at its lowest level in the Bank's 318-year history.