Inflation is rising, interest rates are low and there was much relief amongst many savers when National Savings & Investments (NS&I) reintroduced their ever popular Index Linked Certificates.
However Citigroup have criticised the certificates, saying they offer poor value to the government and that they will make it harder for other banks and building societies to attract savers.
We thought we would take a look at both sides of the argument and ask, do Citigroup have a point?
What have they said?
First covered in the Daily Telegraph Citigroup have made two criticisms of NS&I Index Linked Certificates. Firstly saying that the ...