All 1 Debates between Patricia Gibson and Andrew Selous

Women’s State Pension Age: Ombudsman Report

Debate between Patricia Gibson and Andrew Selous
Thursday 16th May 2024

(6 months, 1 week ago)

Commons Chamber
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Andrew Selous Portrait Andrew Selous
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I agree. The issue of trust is really important, one that this House should not take lightly.

In my South West Bedfordshire constituency, it is estimated that there are 6,000 women in this situation. The cost of their compensation, at level 4, as recommended by the ombudsman, would be £6 million at the lower level, and at the upper level £17.7 million. If we extrapolate from that to the UK, I think the sum is £3.9 billion at the lower end and £11.5 billion at the upper end. We must be honest; I believe in honesty in politics. These are large sums—very large, when we add the amount that we will have to pay the postmasters and postmistresses, for whom we are also all campaigning, and the sums for the victims of the infected blood scandal, for whom most of us are also campaigning; and then there are other campaigns, such as the one relating to Equitable Life.

Patricia Gibson Portrait Patricia Gibson
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Will the hon. Gentleman give way?

Andrew Selous Portrait Andrew Selous
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I will because it is the hon. Lady, but this must be the last intervention.

Patricia Gibson Portrait Patricia Gibson
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The hon. Gentleman talked about the way in which the bill for all these compensation schemes is mounting. Does that not merely underline the importance of competent government?

Andrew Selous Portrait Andrew Selous
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Of course it is best if Governments get these things right, but government is difficult, and Governments of all parties will make mistakes because they are human. However, I am making a different point on honesty about the overall Government finances. When I was taught economics, a long time ago, I was made aware of the notion of opportunity cost. We can only spend the same pound once, and if we are to spend billions on one thing, we must be honest about the other things on which we cannot spend money—things that the WASPI women may very much want—or the services we will have to cut, or the taxes we will have to raise.

I have tried to find out from the Library how the Treasury reserves work, and how we can account nationally for a contingency fund to deal with issues such as this. We just need a bit of honesty here, as a Parliament. If we are to do the right thing by the WASPI women—as I believe we should; I want us to, and we should do the same for those other groups—we need to consider a fund in the Treasury reserves that is dedicated to contingencies, although it might not be large enough to pay out on every cause in the way we would like; perhaps the nation would not be able to afford that. While I absolutely back the justice of the cause of the WASPI women, and while I think we should honour what the ombudsman said, or at least move towards doing that, we need to be honest about the nation’s finances and the other calls on the Exchequer.

Let me finish where I began—I will be brief, heeding Mr Deputy Speaker’s injunction. This comes back to the question of trust. We agree with the umpire not just when we are in favour of the umpire’s decision. Either we have an ombudsman or we do not, and while the ombudsman’s finding may be uncomfortable or inconvenient, it is neverthe- less the finding, and we should do the right thing.