Forgotten victims of the recession

I suspect this may end up as a bigger list than most people realise. On the doorsteps I hear often about people, often pensioners, who rely on interest on their savings which has reduced substantially as rates have fallen. Our proposal to abolish income tax on savings for basic rate taxpayers and raise the pensioners' personal allowance by £2,000 to £11,490 is good news for this group. However, this weekend, I spoke to a lady who had spent her entire working career with NatWest retiring some years ago. She had taken the reward for her service in the form of shares, converted to Royal Bank of Scotland shares when NatWest was aquired. A year ago the share price was £3.50 and today just 15p. The decline of our banking institutions is hitting many people who don't deserve to be hit.