A testing few years ahead for cautious savers and investors
Risk-averse investors face a difficult few years ahead. With deposit rates on the floor, and likely to remain low for some time to come, investing in cash is not an attractive proposition at the moment and is unlikely to become so any time soon.
For some investors, the low return on deposits plus the higher taxes on the small amount of interest they do manage to earn – Deposit Interest Retention Tax has doubled since...
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