Record low interest rates and multi-billion-pound emergency support measures from the Bank of England are costing savers nearly £18 billion a year, research showed today.
It is now just over a year since the Government's National Savings & Investments (NS&I) bank launched the latest batch of its popular inflation-beating, tax-free accounts, meaning many customers can now withdraw their cash virtually penalty-free.
The 1.8 million fans who applied for London 2012 Olympic tickets must ensure they have sufficient funds in their account by next week or risk getting hit with bank charges.
10 May 2011
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