Pensions Triple Lock
Debate between Pat McFadden and Andrew Murrison(3 days ago)
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Pat McFadden
Let me say to the pensioners in Feltham and Heston, and in every other constituency, that the state pension will continue to rise every year. It will rise by prices or by 2.5%, and the gains that it will show in relation to average earnings will be locked in from April 2030 onwards.
Dr Andrew Murrison (South West Wiltshire) (Con)
When the triple lock was introduced by the coalition Government, many of us were surprised that the British basic state pension was bumping along the bottom of the European average. The aim was that it would improve over time, so that it would be at the top—as befits a country like the UK. Is it the Secretary of State’s judgment that by April 2030 we will have reached that point or not?
Pat McFadden
It is important to appreciate that in the UK we have a dual system of a state pension and additional second pensions. We have a very healthy second pension system—trillions of pounds of investment—and it is important to look at pensioner incomes taking both those things into account. By that measure, we have a healthy pension system. Under the plans that we have announced today, the state pension will continue to rise each and every year.
Government Resilience Action Plan
Debate between Pat McFadden and Andrew Murrison(1 year, 3 months ago)
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Pat McFadden
I am grateful to my hon. Friend for that important question. Subsea cables are vital to the working of our economy and our defences, and those who wish us harm know that. It must be part of our national defence and our defence thinking to defend our international communication structures under the sea.
Dr Andrew Murrison (South West Wiltshire) (Con)
The tier 1 exercise that CDL mentioned in response to Baroness Hallett’s recommendation 6 in module 1 of her report on covid 19 is much to be welcomed. However, he will be aware that part of the problem with Exercise Cygnus in 2016 was that the results were not made public at the time, and a lot of it remained classified. In the light of what has been said today, will he ensure that the Government’s approach to this exercise is different, and that the results are made public quickly, so that they can be interrogated?