Dr Ros Altman, Director general of Saga, has accused the Bank of England of failing to properly address the impact of quantitative easing on 21 million people over 50 who she says have been negatively impacted.
The damage is particularly problematic, yet the Bank keeps suggesting it is not due to QE. The reality is very different. Buying gilts and artificially driving down gilt yields which underpin both defined benefit and defined contribution pensions is causing significant economic damage, is permanently impoverishing pensioners, is pushing up inflation and damaging consumer spending. All the negative impacts need to be taken more seriously.
More top news
The Metropolitan Police said the victims are believed to be aged in their 20s or 30s.
A study reviewed the results of surveys with inmates carried out by prison inspectors between 2013/14 and 2018/19.
Home energy use is responsible for around 25% of carbon emissions in Britain.