Showing posts with label david cameron nick clegg million pounds. Show all posts
Showing posts with label david cameron nick clegg million pounds. Show all posts

Saturday, 24 January 2015

Savers are still abandoned

Yes good old HMG launched the Pensioner bonds paying a whopping 4% interest

ABOUT TIME TOO - but Ok if you're 65 plus!

but what about the rest of us? Remember we funded the Banks bales out to the tune of £6000 per person and interest rates plummeted to 1% or less.

If HMG want money to pay for stuff (and they do) "borrrowing" it from us in the form of savings/bonds is ideal they could at least help us out for helping them out (the Banks) saving their bacon but plunging us into recession. It been the worst 5 year in my life don't know about you?

I 've been looking and most savings account pay around 0.5 to 1.5% at best and then you have to lock it away for years.

I despair but what can we do. Nowt will happen.