Most Frightening Words

ChesterDog

Every one of the fund managers and financial experts in our survey says that markets will now see a prolonged period of strong gains.

Glen_Clark

"We will turn Britain from a spend, spend, spend society into a save, save, save society, by putting a culture of saving at the heart of our economy" http://www.telegraph.co.uk/finance/personalfinance/pensions/10457090/Camerons-broken-promise-to-savers-costs-68bn.html

Glen_Clark

"A Generation ago, the very idea that a British politician would go to Ireland to see how to run an economy would have been laughable. The Irish Republic was seen as Britain’s poor and troubled country cousin, a rural backwater on the edge of Europe. Today things are different. Ireland stands as a shining example of the art of the possible in long-term economic policymaking, and that is why I am in Dublin: to listen and to learn".
- George Osborne ,The Times Feb 23 2006

Thrugelmir

Glen_Clark wrote: »

"A Generation ago, the very idea that a British politician would go to Ireland to see how to run an economy would have been laughable. The Irish Republic was seen as Britain’s poor and troubled country cousin, a rural backwater on the edge of Europe. Today things are different. Ireland stands as a shining example of the art of the possible in long-term economic policymaking, and that is why I am in Dublin: to listen and to learn".
- George Osborne ,The Times Feb 23 2006

The Guardian 10th September 2015.

The government predicted GDP would expand by 6% this year, matching last year’s post-crash record and maintaining Ireland as the fastest-growing economy in the eurozone.

:eek::eek::eek:

colsten

Glen_Clark wrote: »

"We will turn Britain from a spend, spend, spend society into a save, save, save society, by putting a culture of saving at the heart of our economy" http://www.telegraph.co.uk/finance/personalfinance/pensions/10457090/Camerons-broken-promise-to-savers-costs-68bn.html

Nonsense, there are no broken promises when it comes to savings, and the article is also two years old now. Over the last few years, we have seen ISA allowance jump to £15,240, and we have seen pensioner bonds and the gradual introduction of workplace pensions for everybody. We are going to get HTB ISAs and a tax free savings allowance for all but the highest earners. All this coupled with huge increases in personal allowance, very low inflation, and crucially also financial education in schools.

Anybody who actually wants to save has been able to get very decent interest - 3%+ AER - on some £50,000 for several years now. Such interest rates are exceptional when inflation is as low as it is now. With a little bit of personal initiative and responsibility for their own affairs, savers rarely had it as good as they had it in the last few years.

But I suppose there will always be people who find something to moan about.