(13 years, 11 months ago)
Commons ChamberMy forecast is that the average pensioner will gain from our announcements today. I understand why the hon. Lady wants to pick out one little bit, but she knows that the average pensioner draws a basic state pension, which we have restored to earnings, which more than offsets any change to CPI.
The Minister rightly reminds the House about the importance of the triple guarantee, which will protect the value of state pensions. What feedback has he had on that important announcement?
I am grateful to my hon. Friend. I regularly meet pensioners groups throughout the country, and he will be reassured to know that the restoration of the earnings link has been universally well received.