John Cooper
Main Page: John Cooper (Conservative - Dumfries and Galloway)Department Debates - View all John Cooper's debates with the HM Treasury
(2 months, 1 week ago)
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John Cooper (Dumfries and Galloway) (Con)
We have heard descriptions today of pensioners as millionaires. We have heard that this is a principled decision to cut money from them. I am astonished at that description. Like my hon. Friend the Member for South West Devon (Rebecca Smith), I am from the south-west—the south-west of Scotland—and I can count on one hand, I would suggest, the number of millionaire pensioners there. Even if their homes were worth millions, having risen in price through no fault of theirs, they are asset-rich, and that is very different from being cash and liquidity rich. If they are hit with a bill, they cannot sell their home. That leaves people in an absolute bind.
We have heard very little today from the SNP, because in Scotland the SNP Government have the ability to ameliorate this decision, should it go ahead. It will cost, they estimate, £160 million. I accept that is not buttons; it is not peanuts. However, the last Conservative Government sent £41 billion to Scotland and I think we should be able to find that money in Scotland to help the worst-off in our society. This is a wrong-headed decision, and I am astonished to hear it being described as a principled decision.