Partly Cloudy

Partly Cloudy

max temp: 16°C

min temp: 11°C

ESTD 1874 Search

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

15:48 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.

shares

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.

shares

1 comment

  • Curious as to why an 82 year old is keen to save, would have thought helping his grandchildren if he is lucky to have surplus money may be more beneficial? Even so god luck to older people who may be better off, they deserve it.

    Report this comment

    Footyfan

    Wednesday, March 19, 2014

Adele Bellis says her life has been changed forever by the attack

A beautician who lost an ear, was left partially bald and has permanent scarring after being attacked at a Lowestoft bus stop has spoken out.

Gallery:Back to school with Kindred Spirits

Yesterday, 17:41
Playtime fun at Clifford Road, School, Ipswich, in March 1974. What playtime games do you recall? (Photo by Paul Nixon/Archant)

Schools soon begin another term and proud parents will be filling Facebook with first day at school photos.

Grafitti under the A14 B1113 Newton Road bridge.

Colourful street art which has appeared on an underpass on the outskirts of a Suffolk town has sparked a debate about whether provisions should be made for it to become a feature elsewhere in the area.

Ipswich Academy.

The new sponsors of two Ipswich academies in special measures have outlined their vision to improve their schools.

A spooky procession through Christchurch Park before the start of the fireworks in 2014

There will be an army of ghouls and zombies filling Christchurch Park next month – but do not let that put you off watching Ipswich’s Halloween firework display.

Police at the scene of the shooting at Forum Court in Bury St Edmunds.

A company director is the latest person to have been charged in an attempted murder inquiry.

Cultural Review published into ECFRS.

This morning Irene Lucas has presented her independent Cultural Review into behaviour at Essex County Fire and Rescue Service to the brigade and public.

Staff at Asda took the plunge as part of the  'Get Stocked Up' day in aid of St Nicholas Hospice.

A medieval pillory, buckets and spades and poker chips are just some of the items west Suffolk businesses are using to raise money for St Nicholas Hospice Care.

Staff and volunteers at Ipswich Library with some of the top ten books in Suffolk 
Matt Shenton, Marion Harvey, Calum Holmes and Hannah Daly

A woman with dementia in a desperate bid to find her best friend, an internal fight to fill a parish council seat and dealing with conspiracy and sabotage to take control of the family business.

Proposed housing site in Poplar Lane , behind the Holiday Inn ,Ipswich.

Almost 500 new homes could be built on the edge of Ipswich in a move which has prompted concern among local residents.

Most read

Most commented

Topic pages