Overcast

Overcast

max temp: 7°C

min temp: 6°C

Search

Budget 2014: Pensioners in east Suffolk welcome “very forward looking Budget”

PUBLISHED: 15:48 19 March 2014 | UPDATED: 16:00 19 March 2014

John and Betty Woollan of Trimley St Mary.

John and Betty Woollan of Trimley St Mary.

Pensioners in east Suffolk have welcomed today’s Budget announcement with its promise to “reward” savers and “trust” hard working people with their own money.

John Woollan a retired serviceman, who lives in Trimley St Mary with his wife Betty, said he expected to be “slightly better off” as a result of the Chancellor’s policies.

“I think it’s a very forward looking Budget,” he added.

“The Chancellor pleased me very much with his plans and I sincerely hope they will come to fruition.

“I think in a year’s time Britain will be in a much different place than it is today.”

Mr Woollan, 82, said it had been “barely worth saving” over recent years and was pleased to see the removal of restrictions on ISAs, which George Osborne said would be “generous” for savers. The couple will also “explore” the new Pensioners’ Bonds, which will offer interest rates of up to 4% to those aged 65 and older.

Mr Woollan, who has four grandchildren, one of whom is looking to buy their first home, also welcomed the announcement that 20,000 new homes would be built.

He expressed further support for the Chancellor’s plans to boost jobs and exports.

Witham MP Priti Patel faced questions over the prospect of a possible Cabinet return this morning in her first televised interview since quitting over her secret meetings with senior Israeli figures last year.

This is the last week that market traders will operate from Ipswich’s Cornhill for at least a year as work to rebuild the town centre is due to start.

Drivers are being warned they could face delays as roadworks begin at one of Ipswich’s busiest junctions this morning.

The government has still not agreed a deal to end its £50m commitment for the regional fire control “white elephant” in Cambridgeshire – nearly two years after negotiations started.

A police helicopter was involved in a search which continues this morning for a motorist involved in a single-vehicle crash in Suffolk last night.

James Blunt and Plan B have joined this year’s Newmarket Nights line-up.

Police are at the scene of a crash on the A1071 near Hintlesham this evening. Updates here.

Most read

Eating Out in the Broads

cover

Click here to view
the Eating Out
supplement

View

Visit the Broads

cover

Click here to view
the Visit the Broads
supplement

View

London Boat Show 2018

cover

Click here to view
London Boat
Show supplement

View

Show Job Lists

Newsletter Sign Up

Sign up to the following newsletters:

Sign up to receive our regular email newsletter
MyDate24 MyPhotos24