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Inflation Drops to 4 Percent But That's Still Double What It Should Be
28/04/2011
It was recently reported in the National Press that the consumer price index has fallen to 4% (from 4.4% in February) for the first time since summer 2010 as shops have reduced their prices to entice customers in. This is the biggest fall recorded at this time of year sonce records began in 1996.
Although the inflation rate has fallen the situation for savers remains poor as money is eroded by the rising cost of living.
There is not a single instant access savings account available in the UK which can beat the cost of living, which is a particular problem for pensioners.
Homeowners aged over 55 years who are concerned about the rising cost of living and would like to know how much money the value of their property could release to help, can find out by contacting therightequityrelease.co.uk for equity release advice.
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