My Lords, could my noble friend remind noble Lords which Government stopped the index-linking of pensions to average wage rises and switched them to average price rises? Will he also remind us which Chancellor of the Exchequer devoted the whole of his time in power to trying to offset that as best he could in order to help pensioners who had suffered from that lack of index-linking? The sums we are talking about are very large indeed, but noble Lords opposite do not seem to remember who created the problem in the first place.
Finance Bill
Proceeding contribution from
Lord Peston
(Labour)
in the House of Lords on Friday, 18 July 2008.
It occurred during Debate on bills
and
Debates on select committee report on Finance Bill.
About this proceeding contribution
Reference
703 c1495 Session
2007-08Chamber / Committee
House of Lords chamberSubjects
Librarians' tools
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2023-12-16 01:47:37 +0000
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