The suggestion that the UK could raise significant sums by increasing the limit on premium bonds is not, unfortunately, mathematically sound (Letters, 17 September). If the money was moved from UK banks and building societies, then it would be moving from a taxed environment to an untaxed environment. So, in addition to paying 3.6% interest in prizes, the exchequer would lose between 20% and 40% tax on the cancelled deposit account. This is likely to take the effective cost beyond 4%, and above the rate the government pays on short-term gilts.
Steve Duffy
Chippenham, Wiltshire
Sue Leyland (Letters, 21 September) wonders if weâ€llbegiving up life on the Gordon Bennett. Donâ€t panic, Sue, we hope this is only a brief hiatus from bobbing about, but thereâ€s a couple of tumours that need dealing with. Weâ€ve called them Donald and JD and hope theyâ€ll be successfully removed by the new year.
Ian and Christine Grieve
Gordon Bennett, Llangollen canal
The headline on your interview with Noah Lyles(‘The future of sprinting is hazy right now. Nobody knows which direction to go inâ€, theguardian.com, 22 September) raises an obvious question.
Graham Whittington
Rochefort-en-Valdaine, France
Re your column (The one change that worked, 22 September), the one that worked for me was “get oldâ€. Retire, stay in bed with a cup of tea, read the Guardian, send an email if anything stirs you.
Michael Fuller
Ampthill, Bedfordshire
“Jus†for “gravy†(Cryptic crossword, 22 September)? How very Guardian.
Linda Mockett
Wokingham, Berkshire
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