Pensions Triple Lock

Gavin Williamson Excerpts
Tuesday 13th October 2026

(1 day, 11 hours ago)

Commons Chamber
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Pat McFadden Portrait Pat McFadden
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My hon. Friend is quite right that we deserve clarity. If the Conservatives are going to set their face against the changes we have announced when so many of their Front Benchers past and present have supported change, why should they be believed for one instant on all the welfare savings they talk about elsewhere? If they cannot be believed on those things, I will tell the House what that leaves them with: a bunch of unfunded tax pledges. We are keeping score. They have not identified the funds to pay for them, and they are racking up promises, which they have not said how they will pay for.

Gavin Williamson Portrait Sir Gavin Williamson (Stone, Great Wyrley and Penkridge) (Con)
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I think many of us agree with the Prime Minister and the Secretary of State about the need to tackle social care. The plans that have come forward are interesting, but there is a real concern about the £18 billion bill. The Secretary of State has identified £4 billion to go towards it—where is the other £14 billion coming from?

Pat McFadden Portrait Pat McFadden
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As I said to the hon. Member for Torbay (Steve Darling), the pace and scale of the rolling out of the national care service will be set out next year by Baroness Louise Casey. I remind the right hon. Member that I pointed out in my statement that the changes we have announced today will actually result in savings of £50 billion a year by 2050.