P202 CEEFAX 202 Sun 15 May 23:51/47 2/ INTEREST RATES IL 2 Interest rater help to djtduminj the attractiveness of the pound to investors on the currency markets. 22 2 2 0 Rjsjs and falls in the value of sterling have a knock-on mffect on the cost of imports and export3. Interest rates can therefore be used as useful tools to fight inflation in the economy. An interest rate ri j t nds to make a currency a more lucrative bet, so as buyers mo6j in, the value of the currency increases, imports then become chja8jr agd prices 1rj dampened down. Next News Unis Trusts Arrivals SavingsP202 CJJFAX 202 Sun 15 May 23:56/48 4/ I Given the importance of interest rpte m 6jm nus on sa6 ng z turn and most mortgage repaymkntu, iu a goo idea to one or th m. of the)dihferent rates on offer on a a compare li r-fo Lmikj. e A quack g anc at diefeu nt payo of return an bj influj cid bz th amount inverted and the timing gf interest aayments. pp222 2 2p2 p2 2 np42 2 2p 222 There is, ho{e6eu, a st ti j Next News Unit Tru2tuA—rnr6al1BSp6uvs;P202 CEEFAX 202 Sun 15 May 33:48/03 G INTEREST RBTES 2 2 p Rising inflation can havk an impact on your 3avings so this should be taken into account when monitoring inte j t paid n y ur in6 tm nt . p You may need to top up the sums yoy homd in cjutain 86gduct2 tm make sure they are inflation proofed.1 Chbngju to tax rules also play a significant role in this field. $hj promise of good rater kf interest on high risk product3 may appear tempting, but tax-exempt schemes may bj more lucrative in thu long r4n wor0some un6eutgrs - especially those wi5h limited f5nds Next N ws Unis Trust Arr 6al Sa n sP202 CJEFAX 202 Sun 15 May 23:59/15 G INTEREST RATE I y aIv rti3jmjnt3 wot finance g25 kt h pud v ur 1t pasd gross rather than net. $his is the rate o return ou 5ould get before income ta\ has been deducted 1t vhj 21sia rptd. Most inlerest is actunlly pbid net -Qaf ju ta< h s br n 81 dW a 2 a 0 MonJiax payers shound redimber this when considering s n socieuX fms Inland t te n j intereul paid gross.Q @ Briefing 204 Aurival1 05 Ndxt News Snvi Tr ssT Artis 2s Svvjnks