Savers are being better rewarded for their efforts with interest rates rising in April. However, the average rate savers are getting on easyaccess accounts is still a miniscule 0.15 per cent - meaning £10,000 saved is earning just £15 interest a year. The reality is that even at 1.5 per cent you're still losing a lot of money to inflation each year.

LAURA SUTER, AJ BELL

(c) 2022 City A.M., source Newspaper