By Temie Laleye
However, with the inflation rate on the rise, savings are now in danger of losing value in real terms. Les Cameron, savings expert at M&G Wealth, said: “We now see the inflation peak is going to be higher than earlier predictions. What we don’t know is where it will stop and for how long these […]
Savings lose value as inflation hits fresh 40-year high – ‘continued erosion of wealth’
Source: Savings lose value as inflation hits fresh 40-year high – ‘continued erosion of wealth’
Category: Finance, 40Year, continued, erosion, fresh, high, hits, inflation, lose, savings, wealth