Does the government want to keep saving rates low?

Michelle McGagh
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Savers are pretty peeved and they have right to be, not only have they had to suffer historically low interest rates for over three years but rates on ISAs and fixed term bonds have also been slashed.

In fact fixed-term bond rates have fallen to an all time low over all terms, from one year to five year, and if you want to earn a smidgen over inflation then you have to put your money away for five years.