Wednesday, 30 November 2011

GEORGE OSBOURNES AUTUMN BUDGET OFFERS NOTHING BUT COLD COMFORT TO BRITAIN'S PENSIONERS

Our Chancellor of the exchequer has missed a golden opportunity to demonstrate that he cares about the Poor and less fortunate people in our society.

Britain's biggest pensioner organisation, the National Pensioners Convention (NPC) has described today's Autumn Statement as offering "cold comfort" to the country's older generation.

Dot Gibson, NPC general Secretary said: - "The biggest concerns currently facing millions of older people are the price of keeping warm, negligible returns on their savings and inadequate increases in their pensions. It was quite amazing that the Chancellor therefore managed to ignore them all. Instead he announced that Britain's poorest pensioners would get a below inflation increase in the pension credit of just 3.9%, and no extra help with rising fuel bills. Millions of pensioners now face a Christmas where the role of Mr Scrooge will be played by George Osborne".

"The Chancellor also seemed to get confused when in one breath he spoke of getting young people into work, and in the net declared that he would raise the state retirement age to 67. The reality is that we will not tackle youth employment by forcing older workers to keep on working. The gap in life expectancy between the richest and poorest cab be as great as 17 years, so any decision to raise the retirement is basically robbing today's low paid of their future retirement".


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