Austerity- (Free Money)

http://www.wherecash.com
12th August 2011
Since the 19th July, we have seen civil riots, further global economic decline and yesterday, the Chancellor, George Osborne reiterated in a special parliament session called in the wake of the riots, which Britain had to stick to its tough AUSTERITY plans as countries around the world battled with a sovereign debt crisis.
Pension savers 'lose five years' gains' in the market
Interesting analysis reaches us from PricewaterhouseCoopers, which suggests savers in 'defined contribution' pension funds - that's most people currently working today - might as well have kept their money under the mattress over the past five years. source http://www.efinancialnews.com/story/2011-08-12/pension-dc-stock-market-collap....
These are testing times although its hard to see that hiding your money under the mattress, when home and businesses have been burnt to the ground is a safe strategy. Gold is now beyond the reach of those on average family budgets,, so what about cash isa rates ?
source:http://www.which.co.uk/news/2011/07/hot-money-deals-19-july-2011-259087/
Approximately £10 million a year is spent advertising for your cash an the best they can muster is 4.65% a year if you hand over your cash to them for 5 years. Worryingly The Bank of England Governor Sir Mervyn King stated he expected inflation to hit 5% by the end of this year so a 4.65% would see the purchasing power of your cash reduced!!
Read more: http://www.dailymail.co.uk/news/article-2024445/Inflation-hit-5-cent-end-year....
The cash tap ISA has returned 17.10% tax free since the 19th July to date.
Free report and full story http//:www.wherecash.com yesterdays Pre event briefing posted on Face Book Racingpost wall
The 8.0 Chepstow has seen strong support for Thundering Home most of today it did win at Yarmouth latest with a hands and heels finish,but it was getting 9Lb from Outland, who had to come through the pack and has no where near the same weight advantage now. Oak Leaves was not harshly treated when 2nd by a h'd over course and distance in June,others too have been placed at this course and distance recently, Sweet world, Crazy Bold, Shy and Taste The Wine, would not be ideal lays. So lay Thundering Home currently 4.5 Betfair an lets hope We can Taste The wine, when toasting a net 2.71% Tax free return, based upon 10% of the bank risked.
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