Meanwhile, Mark Littlewood, director general at the Institute of Economic Affairs, said: “This announcement well and truly proves that we are not all in it together. Pensioner bonds have never been anything other than a gimmick that will benefit pensioners at the expense of the taxpayer, and it beggars belief that the government is prolonging such a foolish policy. It’s high time our politicians stopped buying votes with subsidies for the old and rich.”Too damn right. Still, I did buy the one year version.
09 February 2015
Quote of the day
On the subject of Osborne's prolongation of pensioner bonds (here):