- It’s no way to run a countryPosted 7 days ago
- The extraordinary political power of unelected central bankersPosted 13 days ago
- Should savers be scared of big, bad Canadian wolf Mark Carney?Posted 22 days ago
- Warning: low interest rates are seriously damaging your economyPosted 28 days ago
- Trust me, I’m a politician!Posted 38 days ago
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It’s no way to run a country
About a year ago, the Public Administration Committee said that a lack of strategic thinking was...
Latest Articles
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What’s wrong with the economy?Boosted by the dropping out of the Jubilee Bank Holiday and by sales of Olympics tickets, GDP has turned positive. Before sending out the party invites, however, it is...
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Inflation? What inflation?Did Mervyn King perhaps allow himself a rare smile this morning on hearing that inflation has dropped to its lowest level for almost three years? Did he dance a...
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Stop demonising saving“Keep calm and carry on spending” could be the mantra of the government and, indeed, the British people as a whole. Spend, spend, spend and, whatever you do, don’t...
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Are central bankers beginning to see sense?Since the onset of the financial crisis central bank policies of near-zero interest rates and dollops of quantitative easing have penalised savers and favoured those in debt. It is...
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Letter to Sir Nicholas McPherson, application for post of Governor of the Bank of EnglandVincent Scheurer, a supporter of Save Our Savers, has bravely decided to put himself forward for the job of Governor of the Bank of England. Below is his application...
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Is severing the link with cash leading us into debt?The much-loved board game Monopoly was recently bought up to date by Hasbro. If you haven’t played it recently, you might not realise that players no longer appoint a...
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Don’t be misled, credit card debt remains highAccording to the headlines, there has been a dramatic drop in the use of credit cards. “Credit card borrowing shows biggest decline in six years” said the Guardian, with...
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Bank of England again pretends it is not killing saversEarlier this month I complained here about why QE was no longer considered newsworthy, even after the announcement of another £50 billion of QE. Suddenly QE is hot news...
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Bottom of the savings league“It is to our Olympic team that we should look for inspiration. They have shown us the importance of total commitment when trying to achieve a goal that may...
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Does the government really want lower inflation?It would be funny if it weren’t so tragic. Presenting the Bank of England’s Inflation Report a week ago Sir Mervyn King said inflation “has now fallen within touching...
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Are we losing trust in the financial system?The Governor of the Bank of England this week seemed a mite perplexed that the economy was doing quite so badly. As ever, he blamed anything but the MPC’s...
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Why are QE and low interest rates no longer newsworthy?When the Bank of England’s Monetary Policy Committee announces it will splurge a sum greater than the UK’s annual defence budget on what Business Secretary Vince Cable calls a...
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A Politician’s Guide to Fixing the Banking SystemA guest post by R.F. Morrison The confrontation between top bankers and public opinion escalated with the resignation of Bob Diamond from Barclays Bank. He follows Fred Goodwin of...
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Why easing is not pleasing saversThe Monetary Policy Committee’s decision to announce another £50bn of Quantitative Easing received very little press coverage. Has QE become so routine that the Bank of England conjuring up...
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The happy Bank of England pensioners
For pensioners and those approaching retirement in the private sector, the past few years have been worrying in the extreme. The Bank of England’s policy of depressing interest rates...
Latest Articles
The inflation mythAlthough it may pretend otherwise, the Monetary Policy Committee has a remit, set out in the… »
Putting the saver’s case to the Treasury Select Committee, part oneThe Treasury Select Committee is conducting an inquiry into Quantitative Easing, particularly the… »
Simon Rose discusses QE on The Keiser ReportSimon Rose of Save Our Savers was invited onto The Keiser Report to explain about giving… »
Simon Rose and Ros Altmann argue the case for savers and pensioners at the Treasury Select Committee inquiry into QE
Proposal to scrap the 10% tax rate on savings is just another kick in the teeth for saversBack in June we published the Great Savings Tax Swindle, highlighting the complexity and… »
MPs to investigate Quantitative EasingAt times it seems that there is nobody to hold the government, the Bank of England and the banks to… »
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We know what they did. But what did they promise to do?We have collected together some of the promises made...
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