Tuesday 29th October 2024

(3 weeks, 2 days ago)

Lords Chamber
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Baroness Sherlock Portrait Baroness Sherlock (Lab)
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My Lords, obviously the noble Baroness will not expect me to comment on the Budget, or I would be back asking questions rather than answering them as quick as she can say “Chief Whip”. She will be aware that the work of the child poverty commission to develop a strategy will involve looking in the round at the challenge of child poverty in our country, including social security systems. It will be looked at in that context.

Baroness Foster of Oxton Portrait Baroness Foster of Oxton (Con)
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My Lords, to add to what my noble friend said regarding the levels of income that pensioners receive, the top rate for the state pension is £11,502. My neighbour has that amount. She is not eligible for pension credit. Can the Minister tell me whether she could she manage on £11,502 per year, and would £200 or £300 make a difference?

Baroness Sherlock Portrait Baroness Sherlock (Lab)
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My Lords, of course, I recognise that there is a challenge out there for many older people who are struggling with the cost of living; I totally understand that. I also know that the noble Baroness’s neighbour is in a position where, a year ago, her pension was worth £900 less. The point I want to insist on is that, at a time of enormous financial constraint in the country, this Government are committed to putting in the money to maintain the triple lock throughout this Parliament. I am not saying that this is easy; I am saying that we have made a significant commitment, and we are going to stick to it.