Quotes of the day 20th March 2014

Three quotes from yesterday in response to the budget:

"The Budget will put wind in the sails of business investment, especially for manufacturers. This was a make-or-break budget, coming at a critical time in the recovery, and the chancellor has focused his firepower on areas that have the potential to lock in growth."

(John Cridland, Director-General of the CBI)


"There are a number of announcements in today's budget that will be music to the ears of the over-50s. Many older savers want to be able to save the whole ISA allowance in cash, and the reduced tax on savings income will be a huge boost to those who have saved and done the right thing. Trusting people with their money must be the right approach, but with greater longevity the biggest challenge is to make people's savings last a lifetime. Those saving for retirement and the financial services industry need to step up to the challenge to enable savers to achieve their retirement dreams."

(Paul Green from Saga)


"Our rigid pensions system has become increasingly out of step with the reality of contemporary working lives so we hope that the more flexible approach announced today will revitalise pension saving, giving younger age groups more hope of future security in retirement."

(Anne-Marie Doohan from Age UK)

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