Peter Bedford
Main Page: Peter Bedford (Conservative - Mid Leicestershire)Department Debates - View all Peter Bedford's debates with the HM Treasury
(1 day, 11 hours ago)
Commons ChamberUrgent Questions are proposed each morning by backbench MPs, and up to two may be selected each day by the Speaker. Chosen Urgent Questions are announced 30 minutes before Parliament sits each day.
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I did not say just that I take my responsibility to this House very seriously; I said that every Minister in this Government takes their responsibility to this House very seriously. I am not going to engage in further speculation ahead of the Budget.
Mr Peter Bedford (Mid Leicestershire) (Con)
In the past year, a record £70 billion has been withdrawn from pension schemes through the tax-free lump sum as a result of the fear driven by the uncertainty of recent months. Does the Minister understand that the constant leaks and policy kite flying are leading to this adverse effect on pensioners’ savings?
As I have said already today, there is, regrettably, always noise and speculation ahead of the Budget, but I am not going to contribute toward that speculation.