Wednesday, October 8, 2008

Back to Square One

When Labour came to power in May 1997, the stock exchange's FTSE 100 index was at 4,445 points. This morning it stands at 4,402

A typical with-profits pension, after saving for 20 years, is worth less than half what it would have been in 1997. The rates used to convert pension funds into income have also fallen by almost half.

Labour: Eleven Wasted Years.

Richard Normington

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