Social Security Payments: Uprating

Lord Sikka Excerpts

Monday 10th October 2022 Lords Chamber

[Lord Davies of Gower (Con)]

I am afraid I did not quite get all of the question, but perhaps I could come back to the noble Lord later with an answer on that point.

[Lord Sikka (Lab)]

My Lords, first, I ask the Minister to revisit the CPI versus RPI debate. Housing costs, rent, mortgages, repairs and maintenance matter. People experience those costs. Will he consider increasing benefits in line with RPI rather than CPI? Secondly, will he make a Statement to the House to explain what savings the Government have made by linking benefits to CPI rather than RPI?

[Lord Davies of Gower (Con)]

The noble Lord will know that the Government are currently considering that very point. I am sure that we will have an answer for him in due course.