Proceeding contribution from Tom Blenkinsop (Labour) in the House of Commons on Monday, 5 March 2012. It occurred during Opposition day on Living Standards.
Living Standards
We have debated this question before, and it was clear that quantitative easing is what has led to the reduction in interest rates. The recent £50 billion of quantitative easing has, in effect, been an attack on pension funds; it has wiped out almost a quarter of private pension funds compared with the situation before the last general election. Will the Minister confirm that further credit easing will also affect private pension funds?
Secondary information
- Type
- Proceeding contribution
- Reference
- 541 c654
- Session
- 2010-12
- Chamber / Committee
- House of Commons chamber
- Subjects
- Children Child benefit Disadvantaged Benefits rules Women Families Economic situation Personal income Low incomes Poverty Public expenditure Low pay Public finance Welfare tax credits Working tax credit Taxation Unemployment Standard of living Cuts
- Link
- View this Proceeding contribution on www.publications.parliament.uk
Librarians' tools
- Timestamp
- 2023-12-15 15:48:50 +0000
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- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_814526
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