Oral Answers to Questions
Debate between Heather Wheeler and Paul Maynard(8 months ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
The Parliamentary Under-Secretary of State for Work and Pensions (Paul Maynard)
In 2023-24 we will spend over £152 billion on benefits for pensioners in Great Britain—5.9% of GDP—including a forecast £125.4 billion on the state pension.
Mrs Wheeler
I thank my hon. Friend for his reply. South Derbyshire pensioners have been in touch with me following the Budget, emailing to say that it seemed to offer them nothing. Would he be kind enough to set out today the help that the Government have given and are giving to pensioners, to help them realise that “nothing” is far from the reality of what a Conservative Government are giving them?
Paul Maynard
I am grateful for that question. The answer could not be further from nothing. This is a Government with a proven track record of supporting pensioners, including our commitment to the triple lock. In April we will see the state pension raised by 8.5% this year, after an increase of 10.1% last year, meaning that it will be a full £3,200 higher in cash terms than it was in 2010.