The Tory campaign throughout this country to frighten elderly voters into believing that their pension will be cut or that people will not be able to retire on the full basic state pension is disgraceful. If hon. Members cannot understand a simple letter, that is their problem, not mine.
The other claim, put forward as though it were fact—that Labour will put investment funds into the hands of trade union barons or, alternatively, into a Singapore-style fund—also exists entirely in the imagination of Conservative Members. I am under no illusion that merely pointing out the truth to them will change what they say, but it is useful to put it on the record.