Pre-Budget Report

Part of Oral Answers to Questions — Treasury – in the House of Commons at 12:00 am on 9 November 2000.

Alert me about debates like this

Photo of Gordon Brown Gordon Brown The Chancellor of the Exchequer 12:00, 9 November 2000

At the general election, the Liberal Democrats stood on the following policy: first, pensions should be raised in line with inflation, not earnings; secondly, tax and benefits should be reformed to get more money to the people who needed it most. However, when it became convenient for their spokesman on Treasury matters to do so, he decided that he would reverse that policy and urge that pensions be raised for ever in line with earnings.