Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Jacob Collier Excerpts
Tuesday 3rd September 2024

(2 months, 2 weeks ago)

Commons Chamber
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Rachel Reeves Portrait Rachel Reeves
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I recognise that for many people who work hard and save for retirement, that money is not enough. I believe that every penny saved in a pension should produce a decent return. Billions of pounds of investment could be unlocked in the UK economy and could work better for those saving for retirement, and we believe that the reforms we seek to introduce through the pensions review could increase their pension pots by £11,000. My right hon. Friend the Secretary of State for Work and Pensions is leading the review that I mentioned to ensure that pensioners receive a good deal in retirement, and that people who sacrifice and work hard to save for their retirement have a decent return on their investment.

Jacob Collier Portrait Jacob Collier (Burton and Uttoxeter) (Lab)
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Pubs are the lifeblood of our local communities. In my constituency, the home of British brewing, we are blessed with wonderful pubs—

Lindsay Hoyle Portrait Mr Speaker
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Order. Unfortunately, supplementary questions must be linked to the main question.

Jacob Collier Portrait Jacob Collier
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Oh—sorry.

Lindsay Hoyle Portrait Mr Speaker
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Don’t worry. I now call the shadow Minister.