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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.

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Olympian Victoria Pendleton suited up in full body armour to try her hand at jousting in the grounds of a Suffolk castle.

A hundred tonnes of baled straw was alight in Essex this evening.

Multimillion pound street improvements have been completed to regenerate an area of severe deprivation in north Essex.

A class of eight and nine year olds visited Hartismere Place care as part of the Archie Project, an initiative set-up by the charity Reminiscence Learning and introduced by Care UK at the home.

The company which runs Foxhall Stadium today pleaded guilty to jeopardising the safety of the public at the speedway and banger racing venue.

A Suffolk coastal town has seen disruption at the start of the school holidays after emergency repairs closed a major access route to the seafront.

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