Blog Dec 11, 2008: campaign to give pensioners a tax break on savings

By Emma Soames

Alphabet A A campaign to pressure the government into giving pensioners a tax break on the income from their savings started today in the Daily Telegraph is an absolutely essential step to protect millions of older people from the squeeze of falling incomes along with higher food and energy prices
Emma SoamesEmma Soames

All the focus in the last couple of months has been on bringing relief to borrowers. Hence the huge drop in interest rates and banks finding themselves in a half nelson to stay their hand in repossessing properties. But no one seems to have considered the plight of savers – of which pensioners and I'm sure, hundreds of Zoners, are the most vulnerable since so many depend on these to supplement the State Pension every month.

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