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flag Tesco Bank warns millions of customers that inaction on inflation could erode savings.

flag Tesco Bank warned three million customers that inaction due to lack of awareness about inflation's impact could reduce their savings' value. flag A survey found 39% of Britons, especially those aged 20 to 40, misunderstand how inflation affects savings. flag Tesco Bank advises awareness of inflation rates and choosing competitive interest rates to help manage personal finances amid rising prices.

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