George Osborne Speaks At Pensioners Bond Event

The speaker visits Hamilton to launch new government-backed pensioner bonds, part of a long-term economic plan to support savers. The bonds offer generous returns and are the largest retail bond issue in history. The plan includes expanding DEICER and abolishing the Tempe rate for savers, alongside a significant increase in the state pension. The initiative aims to reward those who have worked hard and support economic growth in the West Midlands. The speaker expresses gratitude for support and seeks further engagement to enhance support for savers and pensioners.

What is the primary purpose of the newly launched government-backed pensioner bonds?

• To increase taxes

• To support savers

• To reduce government spending

• To promote tourism

What makes the new pensioner bonds significant in the context of retail bond issues?

• They offer the lowest returns

• They are the largest retail bond issue in history

• They are only available for a short time

• They are the smallest issue in history

What is one of the benefits mentioned for savers in the new economic plan?

• Abolishing the Tempe rate for savers

• Increasing the Tempe rate for savers

• Reducing the state pension

• Decreasing bond returns

What is the speaker's intention regarding future support for the economy?

• To cut down on economic plans

• To focus solely on tourism

• To reduce support for pensioners

• To grow the economy in the West Midlands

What does the speaker express gratitude for in the conclusion?

• The support given by attendees

• The launch of a new tourism campaign

• The decrease in pensioner benefits

• The reduction in taxes