PARLIAMENTARY DEBATE
Topical Questions - 31 October 2022 (Commons/Commons Chamber)
Debate Detail
“one of those areas where the Government is going to have to think again”?
It is very important that we do not overlook the huge amount that the Government are doing to target assistance at the most vulnerable. In the cost of living support package alone, there is £650 for 8 million of the most vulnerable households, £300 for pensioners on pension credit and £150 for those who have disabilities. That is very important.
The Government have done a great deal to help people with their cost of living challenges, but elderly residents in my constituency are troubled by reports in the newspapers suggesting that we may not meet our manifesto commitment to retain the pensions triple lock. Pensioners face a triple whammy of dwindling savings value due to low interest rates, rising costs due to inflation and, owing to their age, an inability to go out and earn any more. Will my right hon. Friend please confirm that we will increase pensions in line with inflation?
“myself and many others will have to pare our spending even more. Occasional meet-ups with friends will be the next to go and then more and more people will become isolated and depressed.”
Does the Secretary of State agree that maintaining the triple lock will improve the health and wellbeing of our pensioners as we go into the winter?
Contains Parliamentary information licensed under the Open Parliament Licence v3.0.