The Edge

Richard Northedge takes on corporate finance

Archive for the ‘savings’ category

Sssh, don’t mention the green shoots

Here is the good news. There is some good news. It is a rash politician who mentions green shoots until they have become sturdy plants, but there are signs of economic improvement.
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Who should pay the Equitable pensioners’ compensation?

The MPs on the Public Administration select committee have now added their calls for Equitable Life pensioners to be compensated, but who should pay?
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Savers need higher rates, not a tax-break

The chancellor’s hints of helping savers by waiving income tax is pointless. Receiving 100 per cent of next to nothing is still next to nothing.
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Protect savers’ capital but not their high interest

Why are prudent savers compensating those who took risks? The new Banking Bill should not guarantee the ridiculous interest rates offering by dodgy banks.
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Time to save the savers

There is state support for borrowers and public-sector help for banks; it’s only fair that there should be government aid for savers too. It wasn’t savers who got us into this mess.
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Savers shouldn’t be rewarded for chasing risky Icelandic rewards

What on earth were people thinking of when they put their savings in an Icelandic bank? What on earth is the chancellor doing baling-out those savers?
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