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Proceeding contribution from Rob Marris (Labour) in the House of Commons on Wednesday, 18 March 2009. It occurred during Opposition day on The Economy.


The Economy

The very end of the Opposition motion refers to the country living "within its means", and that has an impact in terms of savings. At the moment, there is a 10 per cent. return from the capital rule for savers who are pensioners in terms of benefits. Many of us think that that 10 per cent. is unrealistic now. If the shadow Chancellor agrees, would he indicate the level to which he thinks that percentage ought to come down?


Secondary information

Type
Proceeding contribution
Reference
489 c936 
Session
2008-09
Chamber / Committee
House of Commons chamber
Subjects
Debts Business Banks Advisory services Borrowing Finance Financial services Financial institutions Government departments Income Government assistance Financial markets Government shareholding Economic situation Pay Public expenditure Mortgages Pension funds Monetary policy Regulation Taxation VAT Unemployment Government guaranteed credit Loan guarantee scheme
Link
View this Proceeding contribution on www.publications.parliament.uk