Question to the Department for Work and Pensions:

To ask the Secretary of State for Work and Pensions, what assessment her Department has made of the impact of the increase in the (a) Bank of England interest rate and (b) rate of inflation on the value of (i) the Pension Protection Fund and (ii) payments made from it over the last 12 months.

The information required to carry out such an assessment is not readily available and to obtain it would incur disproportionate costs. The Secretary of State has therefore made no such assessment and does not intend to do so at this time.