Belfast Telegraph

Thursday 24 April 2014

New Isa rates not great for savers

"Desperate" savers looking for better returns on their cash are facing more disappointment as this year's Isa season gets off to a slow start, financial website Moneyfacts has said.

The average rate paid on an Isa has plummeted to 1.74%, compared with 2.55% in February 2012, while the choice of Isas has shrunk by a fifth year-on-year.