FriedGreenTomatoes2
My stepfather will be pleased. His stash of savings will benefit!
The rest of our family - not so much …
Yes it is good for savers apart from the fact that tax on interest went up in the budget from 20% to 24% for basic rate tax payers and similar increases for 40% and 45% tax payers.
It will be hard for middle income house owners whose mortgage deals are coming up for renewal.
