Retail Prices Index (Error)

Part of the debate – in the House of Commons at 10:48 am on 18th December 1987.

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Photo of Mr Nicholas Scott Mr Nicholas Scott , Chelsea 10:48 am, 18th December 1987

I am grateful to my hon. Friend for that question. I suppose that I was naive enough, bearing in mind my Christian name and the time of year, to think, on my way here, that the House would welcome the fact that the Government had come forward with these proposals. If Opposition Members want to get into an argument on party political matters and how they treated retirement pensioners and others, I must ask them to cast their minds back to 1976, when they took £1 billion out of pensions by changing the basis for forecasting. As we have come to the House with these proposals as quickly as possible, there are some details that must be incorporated, and I shall bear my hon. Friend's question in mind.