Budget 2014: Pensioners in east Suffolk welcome “very forward looking Budget”
John and Betty Woollan of Trimley St Mary. - Credit: Sarah Lucy brown
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.”
You may also want to watch:
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.
Most Read
- 1 Body found in the River Orwell
- 2 Police confirm body found in River Orwell was of a 17-year-old boy
- 3 HOW THE NIGHT UNFOLDED: Witches prove too hot for Lynn
- 4 Could any released Bristol City players reunite with Ashton at Ipswich?
- 5 Woman who posed as food bank staff steals Easter eggs from Morrisons
- 6 Ipswich Town transfer rumour: Blues 'eye' Sheffield Wednesday midfielder
- 7 What has changed in Woodbridge over lockdown?
- 8 Exit Interview: Nydam showed 'heart, desire and hunger' but was never able to take the next step
- 9 Reduce your dementia risk with 7 lifestyle changes
- 10 Tributes to 'loyal, caring' man, 28, who died after A14 crash
He expressed further support for the Chancellor’s plans to boost jobs and exports.
