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Savings and Investments thread

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  • Overall good things come out today about the uk. Growth higher than expected, one of the fastest growing economies in the g7, happy days. Long may it continue. 
    GDP growth should be a lot higher in Q3. A heatwave summer should mean a lot more spent on UK holidays, bbqs & associated food along with copious amounts of ice cream 🍦. 

  • Overall good things come out today about the uk. Growth higher than expected, one of the fastest growing economies in the g7, happy days. Long may it continue. 
    GDP growth should be a lot higher in Q3. A heatwave summer should mean a lot more spent on UK holidays, bbqs & associated food along with copious amounts of ice cream 🍦. 

    And oasis gigs 
  • I have just read that banks are soon going to be limiting cash withdrawals for over 65's to £300 a day.
    This could be terribly inconvenient at times and is just more random people trying to control lives. 
    Is it legal? Age discrimination? 
  • redman said:
    I have just read that banks are soon going to be limiting cash withdrawals for over 65's to £300 a day.
    This could be terribly inconvenient at times and is just more random people trying to control lives. 
    Is it legal? Age discrimination? 
    What ? Is this a wind up?
  • edited 7:12PM
    redman said:
    I have just read that banks are soon going to be limiting cash withdrawals for over 65's to £300 a day.
    This could be terribly inconvenient at times and is just more random people trying to control lives. 
    Is it legal? Age discrimination? 

    That would be illegal - not sure where you read that but it aint happening.
    Yes there will be some elderly customers who perhaps do not have the ability to manage their finances effectively but restrictions happen now with Lasting Powers of Attorney taking financial decisions.
    Across the board? No absolutely not.
  • edited 9:22PM
    Can't have the oldies handing out cash to their younger relatives as a way of getting around the rumoured IHT changes.
  • OK, well hope it's fake news. Unfortunately I can't find the link I saw it on. 
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