Partly Cloudy

Partly Cloudy

max temp: 11°C

min temp: 9°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.

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.

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

Gnr Brendan Williams Marks Tey

The commanding officer of a 21-year-old serviceman killed in a crash on the A120 in Marks Tey on Saturday has paid tribute to his “strength of character and popularity.”

Norfolk Horn sheep

Police are investigating after six sheep were found injured in a dog attack in Bredfield, near Woodbridge.

Tasha Salmon introduced Ben the elf in her household this year and daughter Mylie is loving seeing what antics he has been up to

Naughty elves have been holding toys captive, redecorating Christmas trees and swinging from the lampshades over the past week.

Reserve manager Samantha Gay at Knettishall Heath. Photo by John Ferguson

Two Suffolk Wildlife Trust reserves have received a combined £20,000 gift from the Tesco Bags of Help scheme - raised by the 5p bag levy.

Sudbury town wardens Lewis Perry and Bradley Smith with the thousands of cigarette butts collected in the special bins during the past 6 months

A campaign to prevent smokers from dropping thousands of cigarette butts in Sudbury’s streets every week is being hailed as a “huge success”.

Sudbury town council planning committee discusses the bus station move proposal

Concerns about safety, traffic congestion and the loss of parking spaces have prevented council members from supporting current plans for the relocation of Sudbury bus station.

South Suffolk MP Jame Cartlidge has planted an oak tree near Boxford to highlight the work of the Woodland Trust in his constituency.

An oak sapling has been planted in Boxford by south Suffolk MP James Cartlidge to highlight the importance of conservation work in the area.

Most read

Great Days Out

cover

Click here to view
the Great Days Out
supplement

View

Most commented

HOT JOBS

Show Job Lists

Streetlife

Newsletter Sign Up

Sign up to the following newsletters:

MyDate24 MyPhotos24