Pensioner Incomes

Part of Oral Answers to Questions — Social Security – in the House of Commons at 12:00 am on 23 April 1996.

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Photo of Oliver Heald Oliver Heald Parliamentary Under-Secretary (Department of Social Security) 12:00, 23 April 1996

I am happy to remind my hon. Friend that the last Labour Government put this country in that parlous position, robbing pensioners of their savings through high inflation. The Government have had the longest period of sustained inflation—[Interruption.] Sorry, low inflation—for 50 years. Opposition Members may laugh, but it would be the longest period of sustained inflation if they ever had a chance to run the country.

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