[papertyger]

Not to mention savers, including young people trying to save for a deposit on their first house.

Now that's just silly. Young "Savers" get their first house by saving what they EARN, not by the interest rates on that savings.

[Inkie]

Interest over a number years used to mean something because it compounded and helped you save more money, faster. That’s the point. You too young to understand that concept?