Rachel Reeves
Main Page: Rachel Reeves (Labour - Leeds West)Department Debates - View all Rachel Reeves's debates with the Cabinet Office
(12 years, 11 months ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
The Prime Minister
I will certainly look at all the possible ways of putting the nationalised banks back into the private sector. I personally strongly support the idea of widening share ownership, so we will look carefully at the scheme that the right hon. Gentleman suggests. We also have to make sure that we secure value for money for the taxpayer as we try to fill in the great deep pit of debt that we were left by Labour.
Rachel Reeves (Leeds West) (Lab)
Today hundreds of women in their 50s, supported by Age UK, have come to Parliament to protest against unfair changes to their pensions. The coalition agreement says that there will be no increase in women’s state pension age before 2020, yet under the Pensions Bill that increase will start in 2018. Why the U-turn?
The Prime Minister
Yet again, here is another reform important for making sure that our pensions system is affordable and sustainable that Labour has completely given up on. What we are doing with pensions is linking them back to earnings—something that was promised repeatedly but never done—and making sure that our pensions system is sustainable for the long term. That is what we are delivering—something never done by Labour.