41.   A computer survey has shown that over half are paying more interest than they should.

42.   Joanne Willies-Williams lives on income support, and receives a further four hundred pounds a week in benefits to pay the interest on her mortgage.

43.   However, because they are unit trusts they are unable to pay interest gross.

44.   Interest is paid net of basic rate tax and non-taxpayers and investors with unused allowances must reclaim tax.

45.   This regulation prevented US banks located in the US, but not abroad, from paying interest on deposits above a given rate.

46.   Indeed, banks usually pay no interest on current account deposits.

47.   So you pay the interest for for nine years, and they start paying your loan off.

48.   Also optimistic on the inflation outlook is the U.S. Treasury, which today unveiled plans to start selling bonds that would pay interest at a rate tied to inflation.

49.   Also, taxpayers are required to pay interest on money they owe to the IRS.

50.   And a chunk of those are zero-coupon bonds that will have to start paying cash interest next year.