Panorama, 20:30 23rd March, "Who Will Save The Savers?"

amcluesent

"As the credit crunch pushes Britain's long-running pensions and savings time-bomb to a critical new stage, Panorama takes the experts to those facing an uncertain future to see if they can find a solution. As the bankers who created the economic problems are bailed out, Panorama asks: Who is on the side of the savers? And can the government really find the tens of billions of pounds needed to plug the pensions black hole?"

Should be thoroughly depressing! :mad:

1echidna

Yes it is depressing. I wonder though whether a person, on whom a young family is dependent, losing his/her job through no fault of their own is not a more deserving object of limited state resources in this crisis? Harsh but perhaps people losing out on savings or private pensions cannot be absolute priorities in a desperate crisis.

Kev09

amcluesent wrote: »

"As the credit crunch pushes Britain's long-running pensions and savings time-bomb to a critical new stage, Panorama takes the experts to those facing an uncertain future to see if they can find a solution. As the bankers who created the economic problems are bailed out, Panorama asks: Who is on the side of the savers? And can the government really find the tens of billions of pounds needed to plug the pensions black hole?"

Should be thoroughly depressing! :mad:

How selfish of people to be wanting to save at this time! do they want to put people out of job!,

The next Government initative should be to march all the savers and pensioners down to the post offices and banks, make them withdraw there money then ferry them to forecourts for a new Mondeo

amcluesent

> I wonder though whether a person, ...<

Pensions are State mandated deferred incomes, not a 'treat'. When you've paid in 5% to 15% of your salary for years, then it's a right to get the pension that was promised. If the State has operated a Ponzi scheme since 1945, as many argue they have, then today's workers also need to know.

PasturesNew

Cheers missed the start... just got to find the channel now

Edit: I give up, it's not on my telly.

PasturesNew

I am down it must be £600/month because of savings rates ... been proper skint the last few months! Got 2 weeks' work at the moment though, at the heady high rate equivalent of £13,500/year.

Hardly makes you want to bother really. But it's all money in the pot. Luckily my "magic bean money from thin air" is keeping the wolf from the door. I refuse to touch the house money ... at some future point I need to buy another one with that.

lostinrates

PasturesNew wrote: »

Cheers missed the start... just got to find the channel now

Edit: I give up, it's not on my telly.

Isn't it the same channel as your morning property !!!!!!?

PasturesNew

lostinrates wrote: »

Isn't it the same channel as your morning property !!!!!!?

No. That's BBC1 and on BBC1 I have Changing Lives. Maybe there's a 2nd BBC1... *hunts freeview* ... Aaaahhh! Found it.

Ta for the clue

Looks like it'll have to be an iPlayer session in a bit as I've missed most of it now.

A_Nice_Englishman

It's at 10:35 on BBC1 Wales. If you're not in Wales and have missed it try Sky channel 972
http://www.bbc.co.uk/reception/info/channels_sky.shtml

olly300

1echidna wrote: »

Yes it is depressing. I wonder though whether a person, on whom a young family is dependent, losing his/her job through no fault of their own is not a more deserving object of limited state resources in this crisis? Harsh but perhaps people losing out on savings or private pensions cannot be absolute priorities in a desperate crisis.

Some pensioners have children who are dependent on them you know.

Yeah they may be ungrateful teenagers but they are still children.

StevieJ

Closing line, the govt under pressure to plug the pensions gap in the budget