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Finance Bill

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.