QE and low base rate 'penalising' retirees, say MPs

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The government's "loose" monetary policy of quantitative easing and low interest rates is diminshing retirees' income, a report by MPs concludes.

The Treasury Committee has called on the government to explore ways to help pensioners whose retirement income has been undermined by the policies. Since March 2009, some £325bn has been injecte...

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