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Proceeding contribution from Yvette Cooper (Labour) in the House of Commons on Monday, 28 June 2010. It occurred during Budget debate on Budget Debate.


Capital Gains Tax (Rates)

As the hon. Gentleman knows, the old uprating rules are that the pension should go up by either RPI or 2.5%. If he had stuck to those old rules, pensioners would be better off in 2012, 2013 and 2014. As he also knows, all parties supported restoring the link with earnings in the next Parliament, but his proposals cut the support for the additional pension for 6 million women and 4 million men by £100 a year, as a result of his upratings by CPI, rather than RPI.


Secondary information

Type
Proceeding contribution
Reference
512 c616 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
Disability Children Child benefit Allowances Housing benefit Employment schemes Economic situation Incapacity benefit Economic growth Medical examinations Poverty Pensions Older people Lone parents Public sector debt Pregnancy Social security benefits VAT Unemployment Uprating Cuts Employment and support allowance Budget June 2010
Link
View this Proceeding contribution on www.publications.parliament.uk