We can see it’s been 6 years now that the interest rates are kept at 0.50% As a saver I and others like pensioners are royally screwed big time. http://www.bbc.co.uk/news/business-33003037
Yeah but that's why you should be an investor instead more risk yes, but if money in the bank does not keep pace with inflation then you have to invest in equities and the like in order to get a return equal to or better than inflation. Anyone with a private pension is in effect an investor.
We do already John, few current accounts do much more than charge you, and most normal savings accounts lose value every year
