Daily Politics
Thursday, 20 December 2012
Speakers:
Andrew Neil
Harriett Baldwin
AN: The bills wording says it will quote: ‘make provisions relating to the uprating of certain social security benefits and tax credits.’ Should it not really be called George Osborne’s welfare trap for the Labour Party?
HB: I think that would be a very good name for it because actually I want to reassure a lot of your viewers today, I know you have a lot of pensioners watching, I want to reassure them that their pensions next year will actually go up more than inflation at 2.5% because of the triple lock, that is on top of a 5% increase last year…

2 comments ↓
http://www.ons.gov.uk/ons/dcp171766_263808.pdf
4,700,000 million pounds off the books.
That’s the real accounting scandal. Taking people’s pension money and spending it knowing full well that its not the state won’t pay, its that the state can’t pay.
Even that number is a fiddle because it ignores the triple lock.
Don’t understand why this Government keeps on about how good they were to give a 5% rise in pensions last year, they had no option, the Labour party had it written in that benefits would rise at the inflation rate of September each year or by 2.5% minimum.
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