Brown’s economics ‘have not helped everyone’

With debt management difficulties affecting millions nationwide, experts from the Alliance Trust Research Centre claim his reforms have failed to address the financial problems being faced by Britain’s elderly and poor populations.

“Brown has failed to address the spiralling cost of living of the oldest and the poorest groups in society,” remarked Shona Dobbie, head of the research centre.

“Inflation for Britain’s over-75s is currently running at four per cent – that’s 43 per cent more than headline inflation,” she added.

Headline consumer price inflation last month topped three per cent, which contributed to the Bank of England’s decision to increase the base rate of interest and add to the financial pressures of Britons facing debt management.