Proceeding contribution from David Gauke (Conservative) in the House of Commons on Thursday, 19 April 2012. It occurred during Debate on bill and Committee of the Whole House (HC) on Finance (No. 4) Bill (Clauses 1, 4, 8, 189 and 209, Schedules 1, 23 and 33, and new Clauses and new Schedules relating to value added tax).

(Clauses 1, 4, 8, 189 and 209, Schedules 1, 23 and 33, and new Clauses and new Schedules relating to value added tax)

On the Government's treatment of pensioners, the hon. Lady mentioned uprating the state pension. She will know that we have introduced a triple lock so that the state pension increases by the higher of 2.5%, CPI or earnings. She will also know that, according to the plans we inherited, pensions would rise in line with earnings. As a consequence of the increases by CPI rather than earnings, the state pension has increased by £127 more a year than it would have done under the plans that we inherited. Does she accept that?

Secondary information

Type: Proceeding contribution
Reference: 543 c550
Session: 2010-12
Chamber / Committee: House of Commons chamber
Subjects: Children Families Income tax Personal income Pensioners Tax allowances Taxation Tax rates and bands Age allowances High income child benefit tax charge
Legislation: Finance Bill 2010-12 to 2012-13
Link: View this Proceeding contribution on www.publications.parliament.uk

(Clauses 1, 4, 8, 189 and 209, Schedules 1, 23 and 33, and new Clauses and new Schedules relating to value added tax)

Secondary information

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