The average UK savings account lost £2,718 in real terms between January 2014 and January 2024
Difference between savings in line with inflation and savings with real interest rates
−2,500
−2,000
−1,500
−1,000
−£500
0
Jan ’14
Jan ’15
Jan ’16
Jan ’17
Jan ’18
Jan ’19
Jan ’20
Jan ’21
Jan ’22
Jan ’23
Jan ’24
−£7
−£26
£81
£73
−£203
−£393
−£515
−£564
−£913
−£2,045
−£2,718