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Mis-Labelling Of Savings Accounts

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As it seems impossible now to find a savings rate that matches or exceeds inflation (2.7%?), perhaps the banks and building societies should rename their products LOSING ACCOUNTS?

What says the hive-mind?

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As it seems impossible now to find a savings rate that matches or exceeds inflation (2.7%?), perhaps the banks and building societies should rename their products LOSING ACCOUNTS?

What says the hive-mind?

www.zopa.com: 5.2%

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www.zopa.com: 5.2%

But zopa are neither a bank, or a mutual building society, just a peer to peer lender. They don't have advertised "savings" products as such.

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As it seems impossible now to find a savings rate that matches or exceeds inflation (2.7%?), perhaps the banks and building societies should rename their products LOSING ACCOUNTS?

What says the hive-mind?

I'd like to open one of your new DWINDLING ACCOUNTS please.

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A heavy price now to pay for no or low risk.......it is only the privileged few who will never lose out by taking high risks with others money they are risking. ;)

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Even better, start your own shark loan business. All you need is a couple of big guys willing to break legs.

You'll need a couple of sharks too, I'd imagine.

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