Belfast Telegraph

Saturday 2 August 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.

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