Hi all - hope you're all well and enjoying the Great British Summer (!),
A House of Commons Treasury Committee report on the Budget released today has indicated that pensioners and savers are being hit hard by the redistributional effects of quantitative easing and low-interest rates.
Now, forgive me for being a bit blunt here but...haven't we known this for some time?
For anyone who'd like a read, the document is here: http://www.parliament.uk/documents/commons-committees/treasury/HC%201910%20Budget%202012.pdf
But...should the government and Bank of England be doing more to help savers and pensioners? And what sort of thing should they do? Would this put the economic recovery at risk?