HM Treasury is reforming the Retail Prices Index (RPI) methodology and establishing an 'Uprating Guarantee' to ensure consistent annual uprating of benefits and pensions using a stable measure such as prices. The reform addresses uncertainty in how benefits are uprated year-to-year and aims to implement consistency from financial year 2025–26 onwards.
In response to: A consultation on the Reform to Retail Prices Index (RPI) Methodology
In response to: A consultation on the Reform to Retail Prices Index (RPI) Methodology
In response to: A consultation on the Reform to Retail Prices Index (RPI) Methodology
In response to: A consultation on the Reform to Retail Prices Index (RPI) Methodology
At Budget on 11 March, the government and UK Statistics Authority (UKSA) launched a consultation on UKSA’s proposal to address the shortcomings of the Retail Prices Index. The consultation closed for responses on 21 August.
Commons Reasons 15:17:00 Motion A Moved by Baroness Stedman-Scott: That this House do not insist on its Amendment 1, to which the Commons have disagreed for their Reason 1A. 1A : Because Lords Amendment 1 would alter the financial arrangements …
Returned from the Commons The Bill was returned from the Commons with reasons. House adjourned at 12.18 am.
Consideration of Lords amendments Madam Deputy Speaker (Dame Eleanor Laing): I must draw the House’s attention to the fact that financial privilege is engaged by both Lords amendments. If the House agrees to either Lords amendment, I shall ensure that …
Third Reading 15:17:00 Motion Moved by The Parliamentary Under-Secretary of State, Foreign, Commonwealth and Development Office and Department for Work and Pensions (Baroness Stedman-Scott): That the Bill do now pass. The Parliamentary Under-Secretary of State, Foreign, Commonwealth and Development Office …
Report 15:33:00 Clause 1: Up-rating of state pension and certain other benefits following review in tax year 2021-22 Amendment 1 Moved by 1: Clause 1, page 1, line 4, leave out “(1)” and insert “(1)(za) to (c)” Member’s explanatory statement …
Committee 20:12:00 Clause 1: Up-rating of state pension and certain other benefits following review in tax year 2021-22 Amendment 1 Moved by 1: Clause 1, page 1, line 6, leave out from “if” to end of line 8 and insert …
Second Reading 16:28:00 Moved by Baroness Stedman-Scott: That the Bill be now read a second time. The Parliamentary Under-Secretary of State, Department for Work and Pensions (Baroness Stedman-Scott) (Con): My Lords, each year the Secretary of State is required by …
First Reading 15:19:00 The Bill was brought from the Commons, read a first time and ordered to be printed.
Second Reading Mr Deputy Speaker (Mr Nigel Evans): The reasoned amendment in the name of the right hon. Member for Kingston and Surbiton (Ed Davey) has been selected. 17:31:00 The Secretary of State for Work and Pensions (Dr Thérèse Coffey): …
Considered in Committee (Order, this day) [Dame Eleanor Laing in the Chair ] The Chairman of Ways and Means (Dame Eleanor Laing): Before I ask the Clerk to read the title of the Bill, I should explain that although the …
Report (and remaining stages) 13:30:00 Relevant document: 25th Report from the Delegated Powers Committee Report received. Standing Order 46 having been dispensed with, the Bill was read a third time. Motion Moved by Baroness Stedman-Scott: That the Bill do now …
Committee 16:32:00 Relevant document: 25th Report from the Delegated Powers Committee Clause 1: Up-rating of state pension and certain other benefits following review in tax year 2020-21 Amendment 1 Moved by 1: Clause 1, page 1, leave out lines 11 …
Second Reading 13:53:00 Debated in Grand Committee on 13 October. Bill read a second time and committed to a Committee of the Whole House.
Debate before Second Reading 14:32:00 Moved by Baroness Stedman-Scott: That the Grand Committee do consider the Social Security (Up-rating of Benefits) Bill before Second Reading. Relevant document: 25th Report from the Delegated Powers Committee. The Parliamentary Under-Secretary of State, Department …
Order of Commitment 14:30:00 Moved by Lord Ashton of Hyde: That the bill be referred to a Grand Committee on Tuesday 13 October for debate before Second Reading. Motion agreed.
First Reading 17:34:00 The Bill was brought from the Commons, read a first time and ordered to be printed. House adjourned at 5.34 pm.
Second Reading 14:04:00 The Secretary of State for Work and Pensions (Dr Thérèse Coffey): I beg to move, that the Bill be now read a Second time. I am pleased to introduce the Social Security (Up-rating of Benefits) Bill. It …
Proceedings resumed (Order, this day) Considered in Committee (Order, this day) [DAME ROSIE WINTERTON in the Chair] The First Deputy Chairman of Ways and Means (Dame Rosie Winterton): Before I ask the Clerk to read the title of the Bill, …
At Budget on 11 March, the government and UK Statistics Authority (UKSA) launched a consultation on UKSA’s proposal to address the shortcomings of the Retail Prices Index. The consultation closed for responses on 21 August.
At Budget on 11 March, the government and UK Statistics Authority (UKSA) launched a consultation on UKSA’s proposal to address the shortcomings of the Retail Prices Index. The consultation closed for responses on 21 August.
Third Reading 15:09:00 Amendment Moved by After Clause 2, insert the following new Clause— “Annual report to Parliament— (1) Within a year of the passing of this Act, and annually thereafter, the Secretary of State shall publish and lay before …
Report 15:10:00 Clause 1 : Up-rating of certain social security benefits for tax years 2014-15 and 2015-16 Amendment 1 Moved by 1: Clause 1, page 1, line 4, leave out “by 1%” Lord McKenzie of Luton: My Lords, I will …
Report (Continued) 20:32:00 Amendment 6 Moved by 6: After Clause 1, insert the following new Clause— “Statutory maternity pay Any mandatory 1% up-rating stipulated in section 1(1) shall not apply to statutory maternity pay.” Baroness Sherlock: My Lords, I rise …
Committee (2nd Day) 16:17:00 Relevant document: 14th Report from the Delegated Powers Committee. Amendment 11 Moved by 11: After Clause 2, insert the following new Clause— “Duty on the Secretary of State Before enactment, the Secretary of State shall lay …
Committee (1st Day) Relevant document: 14th Report from the Delegated Powers Committee . 15:22:00 Clause 1 : Up-rating of certain social security benefits for tax years 2014-15 and 2015-16 Amendment 1 Moved by 1: Clause 1, page 1, line 4, …
Committee (1st Day) (Continued) 17:03:00 Amendment 2 Moved by 2: Clause 1, page 1, line 5, at end insert— “(1A) In the case of employment and support allowance receivable by claimants of the support component of the allowance (who receive …
Committee (1st Day) (Continued) 20:56:00 Amendment 8 Moved by 8: After Clause 1, insert the following new Clause— “Motability Operations leaseholders (1) A person who is— (a) a recipient of a sum or sums specified in subsection (4), and(b) a …
Second Reading 15:10:00 Moved By Baroness Stowell of Beeston: That the Bill be read a second time. Baroness Stowell of Beeston: My Lords, the Bill before us is about securing a stronger economy for the future. Noble Lords are well …
Second Reading (Continued) 18:46:00 Lord Brooke of Sutton Mandeville: My Lords, I was never a good enough cricketer to have played all-day cricket before I was 20 but, thereafter, I played it for another 40 years, and I can still …
First Reading 15:07:00 The Bill was brought from the Commons, read a first time and ordered to be printed.
Considered in Committee [Mr Nigel Evans in the Chair ] 16:50:00 The First Deputy Chairman of Ways and Means (Mr Nigel Evans): Before I call the first group of amendments I must tell the Committee that the amendments to the …
Second Reading Mr Deputy Speaker (Mr Nigel Evans): Before I call the Secretary of State to move the Second Reading debate, I inform the House that the amendment has been selected. 14:05:00 The Secretary of State for Work and Pensions …