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Rising inflation means cash savings are being eroded at present, and the Bank of England could be forced to act sooner rather than later to quash the problem.  Inflation is above target at 2.5 per cent and the bank believes it will peak at above 3 per cent and then subside, but some inflation hawks disagree and say it will stubbornly stick around.  Savers trawling the internet to try and track down the best accounts for their cash are faced with pitiful rates, prompting many to turn to riskier investments in a bid to try and make their money go further. With interest rates at rock bottom, it is tough to know where to put your hard-earned cash, but a company called Tally Money thinks it has a novel solution.

United kingdomCity ofCameron parryAndy haldaneFinancial services compensation schemeMonetary policy committeeOffice for national statisticsTally moneyTally debit mastercardFinancial services compensationWith tallyNational statisticsஒன்றுபட்டது கிஂக்டம்நகரம் ஆஃப்கேமரூன் பாரிஆண்டி ஹால்டேன்