Inflation over 5% and rising

[AtW]

Interest rates to rise, Mervyn King hints - Telegraph

Ooh, all the way up to the dizzy heights of 1.25%, when price inflation is probably in double figures.

"The Bank of England topped up Governor Mervyn King's pension pot by £1.4m after deciding to award him an early payout in 2008. In his final 16 months as a member of the generous final-salary scheme, the Governor's pension pot grew by a third from £3.95m to £5.36m. By comparison, in the prior 12 months, it rose by £378,700."

Source: Bank of England boosts Mervyn King's pension by £1.4m - Telegraph

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The guy gets his pension topped up by so much in one year where as most of other pensioners can't even get half decent interest rate on their savings and have to spent their capital, ffs.

[TykeMerc]

Yeah, it is annoying isn't it, and all those adverts for "Have you been involved in an accident or broken a fingernail? Where there's blame, there's a claim!". Parasites.

Absolutely.

With working from home for most of the last 12 months, the TV is usually on and the adverts for those companies make up a noticeable proportion during the day, it's our premiums that pay for the annoying ads.