Lord Foulkes of Cumnock
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Economic Update
Lord Foulkes of Cumnock Excerpts(1 year, 6 months ago)
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Lord True (Con)
I have nothing to add to the answer I gave to the noble Lord yesterday.
Lord Foulkes of Cumnock (Lab Co-op)
My Lords, the Minister said that the triple lock is guaranteed. At the Conservative party conference, the Prime Minister said it was guaranteed. On Monday, the Chancellor said that he could not guarantee it. Today, the Prime Minister now says she can guarantee it, yet it is the Chancellor who is going to make the Statement on the 31st. Why are we expected to believe that there will not be another U-turn? Can the Minister make sure when he goes to the Cabinet that there is no such U-turn?
Lord True (Con)
I have set out the position to the House. That was a good try by the noble Lord but this morning the Prime Minister made a statement in the House of Commons on the pensions triple lock, and that is the position of His Majesty’s Government.