Oral question asked in the House of Commons, by Sally Keeble (Labour). It was answered on Tuesday, 16 March 2010 on behalf of the Treasury.
Budget 2009
- Question
- Does my right hon. Friend share my concern about the impact of continuing low interest rates on people who rely on savings income, especially pensioners? What measures to support that group were taken in the last Budget?
- Answer
-
Over the past year, steps have been taken not only to increase the basic state pension, but to increase the support available through pension credit. We have increased the disregard in the pensions system to put more money into pensioners' pockets, and they will also have benefited from VAT cuts over the past year which have put about £1 billion into the pockets of consumers throughout the country.
Secondary information
- Type
- Oral question
- Reference
- 507 c710
- Session
- 2009-10
- Oral question type
- Supplementary
- Chamber / Committee
- House of Commons chamber
- Subjects
- Public expenditure
- Link
- View this Oral question on www.publications.parliament.uk
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- Timestamp
- 2023-12-01 15:14:08 +0000
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