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Are there sinister moves to discourage savers in the UK?

As interest rates continue to fall in the UK, with rumours that they will fall to around 0% in the short term, there is a growing belief of a sinister move to discourage UK savers from retaining their funds on deposit. We are already seeing many savings accounts with reduced interest rates and many savers have been forced to break into their nest eggs as their incomes have decreased substantially. So are there really sinister moves to discourage UK savers?

While there would not appear to be any serious undertones with regards to the governments current economic strategy there is no doubt that UK savers have very much been forgotten in these troubled times. As interest rates fall this could prompt many to look at investing in the stock market and possibly acquiring bargains on the high street although in all honesty this will have little impact with the substantial downward pressures in evidence.

There has been speculation of potential tax rebates for savers on a percentage of their interest income but as yet nothing has been clarified and no figures have been put forward. At this moment in time it would appear that the current plight of UK savers is very much at the bottom of the UK government's list of things to do but surely they cannot be ignored forever?

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