Cost of Living: Pensioners Debate

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Department: Foreign, Commonwealth & Development Office

Lord Flight

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Russia and Ukraine: Settlement

Cost of Living: Pensioners

Lord Flight Excerpts

Healthy Homes Bill [HL]
Thursday 26th May 2022

(2 years, 3 months ago)

Lords Chamber
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Lord Flight Portrait Lord Flight (Con)
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My Lords—

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Baroness Stedman-Scott Portrait Baroness Stedman-Scott (Con)
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Noble Lords know that the triple lock was suspended for this year in very difficult circumstances in the country, but the Chancellor has confirmed that it will be reinstated.

Lord Flight Portrait Lord Flight (Con)
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My Lords, how much has the state pension increased by since 2010, both as a proportion and as an amount of money?

Baroness Stedman-Scott Portrait Baroness Stedman-Scott (Con)
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As I said earlier, since 2010, the state pension has risen by £2,300 in cash terms and the full-year basic state pension is now over 45% higher than in 2010.

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