To save or not to save?

The ongoing economic uncertainty is giving savers pause for thought on what to do with their money, writes Jon Ihle, Markets Correspondent.

13th November, 2011
Mario Draghi, president, European Central Bank. Photo: Bloomberg

The national conversation last week may have been dominated by the showdown between the government and the banks over applying rate cuts to mortgages, but what is really causing concern for consumers these days is what to do with their savings, according to financial advisers.

The surprise cut in the European Central Bank's base rate that new president Mario Draghi pushed through this month, after two rounds of tightening under Jean-Claude Trichet earlier in the...

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