Treasury written question – answered am ar 28 Ebrill 2009.
Hugo Swire
Chair, Speaker's Advisory Committee on Works of Art
To ask the Chancellor of the Exchequer what steps he is taking to protect savers from the effects of low interest rates.
Ian Pearson
Parliamentary Under-Secretary (Economic and Business), Department for Business, Enterprise & Regulatory Reform, Economic Secretary (Economic and Business), HM Treasury
The Government recognise the importance of saving in providing people with independence throughout their lives, security if things go wrong and comfort in retirement. Budget 2009 announced that the annual ISA investment limits will rise to £10,200, up to £5,100 of which can be held in cash, from April 2010. These new limits will apply from October 2009 for people aged 50 and over.
Yes1 person thinks so
No2 people think not
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