SIR – Not so very long ago we pensioners were told our pensions would be restored to the earnings related system that was taken away by the Thatcher government, but we must wait a few years as no money was available at the moment.

So, how come the moment the fat cats living on huge bonuses find themselves short of a few million there are a few millions available? Where did this come from? We would like to see some come our way.

GEORGE PHILPOTT, Worcester