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> There was a time when you put your money in a savings account and the bank will pay a reasonable interest to cover inflation and give you some extra.

Around 15 years ago, I was getting something like 8% interest from my UK-based ISA account (an ISA is a kind of tax-free saving account in the UK). Now typical rates are more like 0.5%.



What was inflation and central rates at that time? Is the real return similar?


Bank of England interest rates at the time were between 5% and 5.75%, and inflation rates were between 2.5% and 3.5%.




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