Savers see returns slashed as inflation rises to highest in two years
![Savers see returns slashed as inflation rises to highest in two years](http://i.dailymail.co.uk/i/pix/2016/10/18/11/316A2BBA00000578-0-image-m-7_1476785043866.jpg)
The consumer prices index rate of inflation rose to 1.0 per cent from 0.6 per cent in August, meaning that savers need an account paying more than 1 per cent to earn a real return on their deposits.