Inflation hits older people harder
Ros explains that inflation is hitting older people very hard and those on fixed incomes are in a dreadful situation.
Bank must take long hard look at effect of low rates on growth
Ros comments on the need for the Bank of England to take the inflation threat to our economy more seriously and examine the risks to growth.
Low interest rate policy damaging consumer confidence
Press Release explaining that policy of ultra-low interest rates in the face of high inflation is damaging UK Consumer confidence and therefore negatively impacts economic growth.
Telegraph Expert View – Budget ignores savers and pensioners
Expert View column published in the Daily Telegraph highlighting that the Chancellor’s Budget contained nothing for savers and little for pensioners, with a cut in Winter Fuel allowance hidden away.
Budget Highlights
Press Release explaining the highlights of the latest Budget measures, with little comfort for savers and pensioners as they seem to be very low down the Chancellor’s priority list.
Budget proposes pension reforms
Press Release discussing the Chancellor’s Budget proposals to end contracting out and simplify the pension system.
Respite for savers? – Will NS&I inflation certificates return?
Ros welcomes indications in the Budget that National Savings and Investments will be allowed to reintroduce its very popular inflation-linked savings certificates – which were withdrawn from sale just as inflation started soaring.
Inflation hits 4% – how much evidence does Bank of England need?
Press Release commenting on 4% inflation figures, twice Bank of England’s targets and very damaging for pensioners.
Bank of England still asleep
Ros expresses disappointment that Bank of England failed to increase interest rates from the emergency 0.5% level, despite rising inflation.
Financial World – Inflation Pressures
Letter published in Financial World ruing the dangers of inflation, how overly easy monetary policy and failure to unwind QE despite rising inflation is storing up huge risks in all asset and goods markets.