And so the cuts continue. This week the hullabaloo has been about child benefit payments. next week the hullabaloo will be about something else. Always with the hullabaloo. (There, I've used that word three times in one sentence - do I get into the Guiness book of Records or what?)
Despite the opposition's noises, it looks like the direction of travel for the foreseeable future will be one way - and that's the way of the deficit-cutting.
My guess would be that we're about to see people reacting to the current situation by being a bit more strategic with their cash. As we emerge from the recession, I predict
People using savings accounts more
Higher payments into pension schemes (who knows what a state pension will be by the time we retire?)
More people seeking medical insurance quotes to ensure that they can get swift treatment should they need it.
Fewer people retiring at 50 - in some organisations this was the norm a decade ago.
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