Contributions
571 recent contributions in Hansard
HANSARDDraft Silicon Valley Bank UK Limited Compensation Scheme Order 2024I beg to move, That the Committee has considered the draft Silicon Valley Bank UK Limited Compensation Scheme Order 2024. It is a pleasure to serve under your chairmanship, Mrs…20 Jan 2025HANSARDDraft Silicon Valley Bank UK Limited Compensation Scheme Order 2024I cannot speak for the independent Bank of England, so I gently suggest to the right hon. Gentleman that if he has questions or concerns about the timing of the issuing of a press…20 Jan 2025HANSARDDraft Silicon Valley Bank UK Limited Compensation Scheme Order 2024I thank the shadow Minister, the hon. Member for Wyre Forest, for his kind words—we will be spending a lot of time together this week. I also thank him for what he said about…20 Jan 2025HANSARDInflation: Pensioner Living StandardsThe Chancellor launched a landmark pensions review in July, which I am leading. It has two objectives: to boost returns for future pensioners, so that when they save into private…16 Dec 2024HANSARDPensions Auto-enrolment: Lower EarnersI thank the hon. Member for that question. A number of ideas have been put forward by think-tanks and research institutes. One such idea is a sidecar savings account, which could…16 Dec 2024HANSARDPensions Auto-enrolment: Lower EarnersI thank my hon. Friend for that question, which is indeed an interesting idea. It is one that was put forward recently by the Institute for Fiscal Studies, and I will consider it.…16 Dec 2024HANSARDPensions Auto-enrolment: Lower EarnersDue to the introduction of auto-enrolment, which is at least one policy that has cross-party support—it was legislated for by the last Labour Government and was taken forward by…16 Dec 2024HANSARDInflation: Pensioner Living StandardsWe will not reconsider that decision, because as a result of the £22 billion black hole that we inherited from the Conservative party, we have had to take tough decisions in a…16 Dec 2024HANSARDInflation: Pensioner Living StandardsDue to the Government’s steadfast commitment to the triple lock, pensioners will see an above-inflation increase of 4.1% in their state pension next year, which means that they…16 Dec 2024HANSARDTopical QuestionsI was the first Minister for eight years to meet the WASPI campaigners to listen to their concerns. The ombudsman took six years to investigate six cases. We are working at pace…16 Dec 2024HANSARDTopical QuestionsThere are unfortunately many such cases in which people are preyed on by scammers. I would be happy to meet my hon. Friend to discuss the case further.16 Dec 2024HANSARDTopical QuestionsI thank my hon. Friend for representing the concerns of his constituent. The Department is working closely with the Pensions Regulator. We are looking to gather information on the…16 Dec 2024HANSARDTopical QuestionsI place on record my thanks to the 160 local authorities that have worked with the Department for Work and Pensions to raise awareness of applying for pension credit, and also to…16 Dec 2024HANSARDWinter Fuel Payment: Pensioner PovertyClaims have more than doubled—they have increased by 145% since late July—and we are working at pace to process those claims. We have deployed an additional 500 staff to ensure…16 Dec 2024HANSARDWinter Fuel Payment: Pensioner PovertyThe Scottish Government have been given a record settlement in the recent Budget. As the hon. Member knows, winter fuel payments and other benefits are devolved to the Scottish…16 Dec 2024HANSARDWinter Fuel Payment: Pensioner PovertyIndeed, we have taken forward the biggest awareness campaign for claiming pension credit that has ever been seen. We are determined that those on the lowest incomes should claim…16 Dec 2024HANSARDWinter Fuel Payment: Pensioner PovertyThe Government remain absolutely committed to supporting low-income pensioners. We are supporting them through the household support fund, which local authorities can use to help…16 Dec 2024HANSARDWinter Fuel Payment: Pensioner PovertyUnder the last Conservative Government, an estimated 880,000 of the poorest pensioners eligible for pension credit were not claiming it. We have launched the biggest ever pension…16 Dec 2024HANSARDSupport for PensionersI am a Minister in both the Treasury and the DWP, so I have conversations with officials about this all the time. We are absolutely determined that those who are eligible for…03 Dec 2024HANSARDSupport for PensionersThanks to our steadfast commitment to the triple lock, more than 12 million pensioners will benefit from a 4.1% increase in their state pensions next year, and over the course of…03 Dec 2024