£75bn for OAPs
If the Bank of England really wants to boost the economy by spending £75 billion (your report, 7 October) it would be much better to share it evenly between old age pensioners. There are about ten million of them so they would get about £7,500 each.
They have been getting interest on their life savings of one-tenth of the perceived inflation so it would be a nice surprise. Some of them might even vote for the coalition at the next election (except of course in Scotland).
They will spend it on much more sensible things than the bankers. Non-pensioners will be ashamed to object. Fewer people will die of hypothermia this winter so the only losers with be the undertakers and bank executives and the undertakers can cash in later.
Stephen Salter
Blackford Road