(10 years, 4 months ago)
Commons ChamberWas it not Lord Hutton, a former Labour Cabinet Minister, who made it clear that as we are all living longer, everyone will have to pay more into their pensions and to work longer? Has my right hon. Friend had any shadow of a scintilla of a suggestion from the shadow Chancellor that if Labour were elected, it would treat either public sector pensions or public sector pay in any way differently from the present Government?
(12 years, 11 months ago)
Commons ChamberWe have quite a few Members to get in, so please could we have brief questions and answers?
The shadow Minister said that the regulation did not work and the regulator did not do anything sufficiently. Surely the reason for that was because the regulator was put under sustained and unacceptable political pressure by two former Prime Ministers and by the current shadow Chancellor. Will my hon. Friend confirm to the House that this Government, and the Treasury under the stewardship of this Chancellor, would not put such pressure on regulators and that the constitutional convention as to how a Government should work with regulators will be properly observed?