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48904
star this property registered interest false more like this
star this property date less than 2014-04-10more like thismore than 2014-04-10
star this property answering body
HM Treasury more like this
star this property answering dept id 14 more like this
unstar this property answering dept short name Treasury more like this
star this property answering dept sort name CaTreasury more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask Mr Chancellor of the Exchequer, what assessment he has made of the effect of sustained low interest rates on incentives to save; and if he will make a statement. more like this
star this property tabling member constituency Wycombe remove filter
star this property tabling member printed
Steve Baker more like this
star this property uin 903726 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2014-04-29more like thismore than 2014-04-29
star this property answer text <p>Low interest rates have benefited everyone, including through reducing mortgage rates, but the Government recognises that this has made it harder for people's savings to grow and to secure an adequate income for retirement. The Government believes it is right, therefore, to support hard working people that have taken the long term decisions to save and plan for their future.</p><p> </p><p>The Budget package announced last month aims to help all savers at all stages of life. It reduces tax for the lowest income savers; reforms the ISA regime to give all savers greater flexibility as to where and how they save their money; and creates new products to help retired savers see a better return.</p><p> </p> more like this
star this property answering member constituency Inverness, Nairn, Badenoch and Strathspey more like this
star this property answering member printed Danny Alexander more like this
star this property question first answered
less than 2014-04-29T12:00:00.00Zmore like thismore than 2014-04-29T12:00:00.00Z
star this property answering member
1535
star this property label Biography information for Danny Alexander remove filter
star this property tabling member
4064
star this property label Biography information for Mr Steve Baker more like this