Prudent Savers Can Piss Off

Savers should stop complaining about poor returns and start spending to help the economy, a senior Bank of England official has warned.

Charles Bean, the deputy governor, said:

"Savers shouldn't necessarily expect to be able to live just off their income in times when interest rates are low. It may make sense for them to eat into their capital a bit.

Very often older households have actually benefited from the fact that they've seen capital gains on their houses." 

Or how about fuck you too and we're taking our cash out of the country?  Wanker.

More at TTel.