http://www.telegraph.co.uk/finance/personalfinance/savings/8028884/Savers-told-to-stop-moaning-and-start-spending.html
Older households could afford to suffer because they had benefited from
previous property price rises, Charles Bean, the deputy governor, suggested.
They should "not expect" to live off interest, he added, admitting that low
returns were part of a strategy.
His remarks are likely to infuriate savers, who are among the biggest
victims of the recession. About five million retired
