Mrt Clegg will become famous for thinking the basic pension is just £30 a week. He can’t have been doing the shopping recently.
It is also time people realised that Mr Cable made an equally serious gaffe, showing he has little understanding of financial markets. He told us that Hedge Fund managers have made money out of shorting bank shares (probably true), made easier for them by the fact that taxpayers and governments underwrite the banks!
Could someone explain to Mr Cable that the last thing someone short of bank shares wants to happen is an announcement of official support for that bank. That puts the price of the shares up which means the Hedge Fund Managers shorting the shares lose money.