Letter published in Financial World magazine, explaining the dangers of distorting the gilts market with misguided QE policy.
Ros comments on the Chancellors Pre Budget Report and highlights that the public is being misled about future costs of public sector pensions. She also wants personal accounts abandoned and policy moves to promote longer working lives.
Letter published in the Financial Times explaining why the Bank of England’s gilt purchases in QE are distorting the supposedly risk free gilt market which underpins all others, and this entails significantly increased risks of asset price crashes in future.
Feature article in Scotland’s Sunday Post, discussing the injustice of taxpayers protecting bankers’ pensions in full, while not paying anything at all to restore pensions of other workers.
Press Release asking how it can be right that bankers’ pensions are 100% underwritten by taxpayers, while Government has always said taxpayers could not ‘afford’ to restore pension victims pensions in full, despite Parliamentary Ombudsman, High Court and Court of Appeal verdicts.
Ros expresses her concerns about damaging conflicts of interest at the heart of Government policy for dealing with the banks. Incentivising RBS management to get share price up cannot be good for social objectives of wider lending.
Letter published in Financial Times calling for an urgent end to quantitative easing now that deflation dangers have gone.
Op-ed published in Yorkshire Post explaining why the pensions crisis is likely to be worse than the credit crisis and lamenting the measures announced in the UK 2009 Budget which did not address the problems.
Press Release explaining why the Bank of England’s latest announcement about extending Quantitative Easing further is misguided and dangerous. Such short term thinking is not in our interests and the sums involved as more than the entire annual revenue from council tax and national insurance!
Article published in Scotland’s Sunday Post newspaper, explaining how the recent budget measures were a missed opportunity to sort out our pensions crisis and will not deal with the problems. Could this be because policymakers do not have to worry about pensions themselves?