15/06/2011 Prime Minister's Questions


15/06/2011

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between what they pay and what other taxpayers pay. Questions to

:00:06.:00:15.

This morning I had a meeting with colleagues and others. Initial to

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know why duties, I shall have further meetings later.

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Thousands of people in my constituency work hard at for less

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than �26,000 a year. Does my right honourable friend agree with me

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that everybody who believes in the necessity of capping benefits must

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vote for the Welfare Reform Bill tonight? My honourable friend is

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right. We are right to reform welfare. Welfare costs have got out

:00:48.:00:54.

of control in our country. We want to make sure that work always pays.

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We want to make sure that if people do the right thing, we are on their

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side. It cannot be right for some families to get over �26,000 a year

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in benefits that is paid for by people who are working hard and pay

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their taxes. Everyone in the House should support the welfare bill

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tonight. It is disappointing that Labour talk about welfare, but will

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:01:25.:01:29.

not vote for welfare reform. THE SPEAKER: Ed Miliband.

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Mr Speaker, when the Prime Minister signed off his welfare bill, did he

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know that it would make 7000 cancer patients worse off by as much as

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�94 a week? That is not the case. We are using the same definition of

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people who are suffering and are terminally ill as the last

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government. We want to make sure those people are helped and

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protected. If you are in favour of welfare reform, you want to

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encourage people to do the right thing, it is no good talking about

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it, you have to vote for it. usual, he does not know what is in

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his own bill. Listen to Macmillan Cancer Support. On 13th June 2011 -

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cancer patients to lose up to �94 a week. These are people who have

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worked hard all their lives, who have done the right thing, who have

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paid their taxes. And when they are indeed, the Prime Minister is

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taking money away from him. I ask him again, how can it be right that

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people with cancer, 7000 of them, are losing �94 a week? We are using

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the same test as the last government supported. All we see

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here is a Labour Party desperate not to support welfare reform, and

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try to find an excuse to get off supporting welfare reform. Anyone

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who is terminally ill get immediate access to the higher level of

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support. We will provide that to all people who are unable to work.

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That is the guarantee we make. He has to stop reading of his

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responsibilities and back the welfare reform he talks about.

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Speaker, he doesn't know the detail support allowance after one year

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for those in work-related activity, cancer patients, 7000 of them, are

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losing �94 a week. I ask him again, how can that be right? Order. The

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question has been asked. Order. Order. The answer will be heard.

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is wrong on the specific point. First of all, our definition of

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terminally ill is the same one used by the last government. Anyone out

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of work will be given the extra support that comes from employment

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support allowance, irrespective of a person's income or assets. That

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will last for 12 months. He is wrong, and he should admit it. On a

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means-tested basis, this additional support can last indefinitely. That

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is the truth. He should check his facts before he comes to the house

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and chickens out of welfare reform. Let's be clear about this. In the

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first answer, he said his policy was the same as the last government.

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Now he has admitted that they are ending contributory best employment

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support allowance after one year. Let me tell him what Macmillan

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Cancer Support says. I think they should listen. This is what they

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are saying. I think it is a disgrace that Conservative members

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are shouting while we are talking about people with cancer. This is

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what they say. Many people will lose this benefit simply because

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they have not recovered quickly enough. Mr Speaker, asking the

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question again, will he now admit that 7000 cancer patients are

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losing up to �94 a week? Let me explain it again to him. I do not

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think he has got the point. Order. Order. I think it is a disgrace

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that members on both sides of the house are shouting their heads off

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when matters of the most serious concern are being debated. I repeat

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what I have said before. The public despise this sort of behaviour.

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Let's have a bit of order. This is important, and I want to explain to

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the honourable gentleman why he has got it wrong and what we are

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proposing is right. The definition of who is terminally ill, these are

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horrible things to discuss, but let me explain. It is the same

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definition, six months. Anyone out of work who lives longer than that

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will be given the extra support that comes from employment support

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allowance. That is irrespective of a person's income or their assets,

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and will last for 12 months, not the six months that the Leader of

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the Opposition said. On a means- tested basis, this additional

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support can last indefinitely. It is the same test as the last

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government. It is put in place fairly. We have listened to

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Macmillan Cancer Support, and we have made sure someone is reviewing

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all the medical tests that take place under the system. I know he

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wants to create a distraction from the fact that he will not support

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welfare reform, but I have answered his question. He should now answer

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mind - why will you not back the bill? In case he had forgotten, I

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asked the questions, and he fails to answer them. Let me try and

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explain it to him. Listen to professor Jane Mayer, chief medical

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officer or of Macmillan Cancer Support. "in my experience, one

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year is simply not long enough for many people to recover from cancer.

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The serious physical and psychological side-effects can last

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for many months, even years after treatment has finished. It is

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crucial that patients are not forced to return to work before

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they are ready". Macmillan Cancer Support and Britain's cancer

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charities have been making this argument for months. I am amazed

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that the Prime Minister does not know about this argument. Why

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doesn't he know about these arguments? The House of Commons is

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voting on this bill tonight. He should know about these arguments.

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I ask him again, will he now admit that 7000 cancer patients are

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losing up to �94 a week? I have answered his question three times.

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With a full explanation. The whole point about our benefit reforms is

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that there are proper medical tests. So we support those who cannot work

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as a generous and compassionate country should, but we make sure

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those who can work have to go out to work so that we do not reward

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bad behaviour. He is attempting to put up a smokescreen, because he

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has been found out. He made a speech this week about the

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importance of welfare reform, but he cannot take his divided party

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with him. That is what this is about, weak leadership of a divided

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party. Mr Speaker, what an absolute disgrace to describe cancer

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patients in this country as a smokescreen. This is about cancer

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charities who are concerned on their behalf, and he does not know

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his own policy. It is not about those who are terminally ill, it is

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about those recovering from cancer who are losing support as a result

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of this government. We know he does not think his policies through.

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Isn't this one occasion when if ever there was a case to pause,

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listen and reflect, this is it. Why doesn't he do so? This week, we

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have seen the honourable gentleman get on the wrong side of every

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issue. If it is cutting the deficit, we now have these CBI, the IMF, his

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brother, Tony Blair, all on our side and only he is on his own. On

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welfare reform, we have everyone recognises that welfare needs to be

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reformed, apart from the right honourable gentleman. On the health

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service, yes, we now have the Royal College of GPs, the Royal College

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of Nurses, the Royal College of Physicians, the former Labour

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Health Minister and Tony Blair all on the side of reform. And on his

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own, the right honourable gentleman, a weak leader of a divided party.

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That is what we have learned this Prime Minister, Mike constituent's

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mother, a British national, on a recent visit to India, was

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kidnapped and then beheaded in a horrendous murder incident. Can I

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ask the British Government to urge the Indian authorities to carry out

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a fall and transparent and thorough investigation and bring to account

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those responsible for this horrendous murder so that my

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constituents and his family can get justice for their mother?

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understand why my honourable friend wants to raise this case. On behalf

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of the house, we send our condolences to the family. I

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understand their wish for justice to be brought to bear on the

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perpetrators. The Foreign Office has been providing the family with

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consular support, and they will arrange to meet my right honourable

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friend and the family to see what further assistance we can give.

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However, responsibility for investigating crime committed

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overseas has to rest with the police and judicial authorities in

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that country. We cannot interfere in the processes, but I take to

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heart the points he makes. Speaker, we know that the deficit

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was the price paid to avoid a depression caused by... Are caught

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by the bankers. But in March, the forecast for the budget deficit was

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increased by �46 billion, �1,000 per person. Will he now at last

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accept that cuts are choking growth, that that is stoking inflation, and

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both are increasing the deficit? He is going too far, too fast,

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hindering and not helping the recovery. Yes or no? The deficit is

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the price paid for Labour's profligacy in office. Tony Blair in

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his memoirs, I know they do not want to hear about Tony Blair any

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more, funny, that. He was a Labour leader who used to win elections.

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He said that by 2007, spending was out of control. We have to get on

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top of debt and spending and the deficit. I understand that the

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Labour leader is trying to persuade the shadow Chancellor of that. Good

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The Prime Minister will be aware that yesterday was the anniversary

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of the liberation of the Falkland Sees the United States will he

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remind the President that they will never be acceptable to her

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Majesty's government, and if the special relationship means anything,

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it means that they defend British sovereign treat -- sovereignty over

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our own territory. He makes an excellent point and I'm sure

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everybody will want to remember the anniversary of the successful

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retaking of the Falkland Islands and the superb bravery and courage

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of all our armed forces who took part in that action. We should also

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remember those that fell in terms of taking back the Falklands. The

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point he makes is a good one. What I would say is this, as long as the

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Falkland Islands want to be a sovereign British territory, they

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should remain so. End of story. This week we have seen the

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government changed its mind on the NHS, and sentencing, student visas

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and dustbin collection, so will the Prime Minister tell us now whether

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the Prime Minister will change his mind on a government plans to force

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women to wait up to two years longer before they qualify for

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their state pensions? All parties supported the equalisation of the

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pension age between men and women. That needed to happen. It also

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needs to happen that we raise pension ages to make sure the

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pension system is affordable. Appoint a would make is because we

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have been able to do that, we have really into pensions back to

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earnings, and pensioners are �15,000 better off in their

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retirement than they would have been under Labour. I think that is

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a good deal and the right thing to do. If anyone in the party opposite

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wants to be serious about pension reform and dealing with the deficit,

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:14:59.:15:00.

I agree with the government's timetable for increasing the men's

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state pension age to 66, because it happens gradually. But I would ask

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the Prime Minister to think again about women's state pension age.

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The timetable has women's state pension age going up too quickly

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and leaves women of my age, born in 1954, without enough time to plan

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for what could be two years extra work. Will the Government please

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look at this again? I understand the concerns about this. But I said

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in the House last week that over 80 % of those affected will only see

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their pension age come in one year later. So it is actually a very

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relatively small number. But the key thing is making sure that the

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pension system is sustainable so we can pay out higher pensions. There

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is a similar argument that the house was having in the previous

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set of questions about the sustainability of public sector

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pensions. We have to take these difficult decisions. They are right

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for the long term and they mean a better pension system for those who

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are retiring. Does the Prime Minister agree with the Institute

:16:06.:16:10.

for Fiscal Studies that with inflation at 4.5 %, more than twice

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the government target, it is hitting pensioners and lower income

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families the hardest? The point about pensions is there is the

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triple guarantee that they will go up by earnings or 2.5 %, or

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whichever is higher, so it won't affect them in that way. We clearly

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want to see inflation come down. There is a shared agreement across

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the House that it is right for the Bank of England to have the

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responsibility. I notice he does not raise today the welcome news

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that we have seen the biggest fall in unemployment in one month

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figures than we have seen at any time in a decade. I think it is

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time the party opposite started welcoming that good news. There is

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increasing concern within the house and across the country about the

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hidden suffering of traffic to children and re- trafficked

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children. Does the Prime Minister agree that it is essential that a

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co-ordinated, multi-agency approach across the country from borders to

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local authorities and local police forces, including the excellent

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charitable organisations involved in the work, is promoted urgently?

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My Honourable Friend makes extremely good point and I know how

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hard the party works on this group. I listen very carefully on what

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they have to say. One thing that I hope will make a difference is the

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formation of the National crime agency which should bring a greater

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co-ordination to vital issues such as this.

:17:34.:17:39.

The SNP won a landslide in the recent elections and the mandate to

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improve the powers of the Scottish parliament. So will the Prime

:17:43.:17:47.

Minister respect the Scottish electorate and accept the six

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proposals for improvement in the Scotland Bill by the Scottish

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government? For we listened very carefully to what people have to

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say and week of course respect that the SNP won the mandate in Scotland

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and we are responding positively. But the first point I would make is

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that the Scotland Bill before the house is a massive extension of

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devolution. He shakes his head, but is an extra �12 billion of spending

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power. We will go ahead with that and look at the proposals that Alex

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Salmond has had. I take the respect agenda seriously, but it is a two-

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way street. A street in which I respect the views of the Scottish

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people, but they also have to respect we are still part of, and

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will always be part of, I believe, a United Kingdom. Last Friday was

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the 9th anniversary of the British Legion, and on Tuesday, 120

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soldiers from the Air assault Brigade will march into Parliament

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to welcome them back from Afghanistan. Can have a Prime

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Minister repeat his assurance that the armed forces covenant will be

:18:51.:18:54.

rewritten for the first time in history and written into law?

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give that assurance and I'm delighted that the Royal British

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Legion have agreed an approach we will take in the Armed forces Bill

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and that is being passed through the house. I am glad that the

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forced -- House of Commons will be welcoming the soldiers from the

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Brigade as the rest of the armed forces, the bravest of the brave,

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the best of the best, there isn't too much we can do for the people,

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which is why the armed forces covenant matters and why we kept

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our promise Stoop double the operational allowance to soldiers

:19:22.:19:27.

serving in Afghanistan. Millions of our constituents are once more

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facing big increases in their gas and electricity bills. Many will

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find it very difficult to make ends meet. What action will the

:19:34.:19:38.

government take to help them? are taking a range of actions.

:19:38.:19:45.

Obviously, the fact we have or oil costing $115 per barrel and gas

:19:45.:19:50.

prices rising by 15 % over a year, that has an impact, but we are

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putting �250 million into the warm home discount and funding a more

:19:54.:19:59.

targeted warm front scheme that will help 47,000 families this year.

:19:59.:20:02.

We are legislating so social tariffs have to offer the best

:20:02.:20:07.

prices available. We are keeping a promise to say that Post Office

:20:07.:20:10.

card account holders should get a discount. We are keeping the winter

:20:10.:20:14.

fuel payment. And we have permanently increase the cold

:20:14.:20:17.

weather payments. We didn't just allow him to be increased in an

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election year. We are keeping the higher payments that are very

:20:19.:20:27.

valuable to his constituents. week my Honourable Friend the

:20:27.:20:32.

Member for Stoke visited a school near Stafford. In meetings, parents

:20:32.:20:36.

expressed the excellent teaching -- gratitude for the excellent

:20:36.:20:40.

teaching but also of a provision of their children after the age of 19.

:20:40.:20:43.

Knowing his deep concern in the area, what encouragement can my

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right honourable friend give them? We have to support special schools.

:20:48.:20:52.

The pendulum again special education swung too far against

:20:52.:20:56.

inclusion, and it is important we give parents and carers proper

:20:56.:20:59.

choices to make sure they can choose between mainstream and

:20:59.:21:03.

special education. He raises the important point that many parents

:21:03.:21:07.

of disabled children when they become young adults want them to go

:21:07.:21:10.

on studying in further education colleges and elsewhere, but the

:21:10.:21:13.

current rules seem to suggest that once they have finished the course,

:21:13.:21:17.

that is it. Parents asked what we will do now and we have to find a

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better answer for parents who are finding their much-loved children

:21:20.:21:24.

living for much longer and want them to have a purposeful and

:21:24.:21:30.

complete life. In the face of what are crippling energy price rises,

:21:30.:21:34.

driving pensioners and one off family into fuel poverty by the

:21:34.:21:39.

thousands every day under the coalition, can I ask him, he's heat

:21:39.:21:45.

struggling with his energy bill or are any others of the 21

:21:45.:21:48.

millionairess in his Cabinet struggling with the energy bills?

:21:48.:21:54.

And when is he going to take a personal grip of this situation?

:21:54.:21:58.

From reading the papers this week the people who seem to be coining

:21:58.:22:03.

it are the ones who worked for the last government, but there we are.

:22:03.:22:08.

Clearly fuel prices have gone up because of what has happened to

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World War -- world gas and oil prices, but we are serious about

:22:11.:22:15.

helping families. That is why we have frozen the council tax and a

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lifting one million people out of tax and a taken a set of measures

:22:18.:22:21.

to help with energy bills which I describe. We have also managed to

:22:22.:22:27.

cut petrol tax this year, paid for by the additional tax on the North

:22:27.:22:31.

Sea oil industry. I notice that while the party opposite wants to

:22:31.:22:36.

support the petrol price tax, they don't support the fuel -- increase

:22:36.:22:40.

in the North Sea oil tax. Absolutely typical of an

:22:40.:22:45.

opportunistic opposition. The Prime Minister will be aware that this

:22:45.:22:50.

week is National diabetes wheat and the theme this year is let's talk

:22:50.:22:53.

diabetes to encourage people with the condition to speak out and not

:22:53.:22:59.

feel stigmatised all worried about being discriminated against, or

:22:59.:23:03.

joked against in school or in the workplace. Would the Prime Minister

:23:03.:23:10.

please support the campaign? certainly will. And my Honourable

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Friend makes extremely good point, that many people with diabetes find

:23:14.:23:17.

it an embarrassingly honest and something they don't want to talk

:23:17.:23:21.

about, yet it is affecting more and more people. We have to find a way

:23:21.:23:24.

to encourage people to say that there is nothing abnormal or wrong,

:23:24.:23:28.

but we need to help people manage their diabetes, particularly

:23:28.:23:31.

because you want to see them have control over health care and spend

:23:31.:23:35.

less time in hospital if at all possible. I fully support the

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campaign and we have to look at the long-term cost of people getting

:23:39.:23:43.

diabetes and recognise there is a big public health agenda,

:23:43.:23:47.

particularly about exercise, that we need to get hold of. The Prime

:23:47.:23:51.

Minister will know that this is the first opportunity I have had to ask

:23:51.:24:01.
:24:01.:24:03.

him a question. I stand here fresh and full of hope, so why would give

:24:03.:24:06.

the Prime Minister one more chance to answer the question. People in

:24:06.:24:10.

my constituency and up and down the country faced enormous increases in

:24:10.:24:15.

their energy bills announced by Scottish Power. They need help now.

:24:15.:24:19.

When is the Prime Minister going to keep his promise, made in

:24:19.:24:26.

opposition, to take tough action on it excessive energy prices? As I

:24:26.:24:30.

said in answer some moments ago, we are taking action. There is only a

:24:30.:24:34.

certain amount you can do when you see fuel prices go up by as much as

:24:34.:24:39.

they have over the last year, a 50 % increase in oil and gas, but we

:24:39.:24:44.

do have the warm home in Kuyt -- Discount, the warm front scheme,

:24:44.:24:47.

and making sure that where there are special tariffs, companies have

:24:47.:24:51.

to offer them to their users. That makes a difference and there is the

:24:51.:24:54.

point about the Post Office card account holders who currently don't

:24:54.:24:58.

get all the discounts available to people who paid by direct debit. We

:24:58.:25:02.

are making sure they get the discount. She shakes her head, but

:25:02.:25:12.
:25:12.:25:17.

in one year that's a lot more than Would my Right Honourable friend

:25:17.:25:19.

congratulate the ladies in Ilkeston who made part of the lace on the

:25:19.:25:24.

Duchess of Cambridge's wedding dress. This is the last traditional

:25:24.:25:28.

lace factory here, and that town centre has declined in the recent

:25:28.:25:32.

years over those losses. Would my Right Honourable Friend agree with

:25:32.:25:36.

me that the review into revitalising our town centres has

:25:36.:25:43.

come at a perfect time and time by the Prime Minister to attend our

:25:43.:25:46.

constituents as part of this. would be delighted to come to the

:25:46.:25:50.

constituency. I didn't know that their constituents were responsible

:25:50.:25:55.

for the lace on the Duchess's incredible dress, but I feel I

:25:55.:25:59.

leave today's session enriched by the knowledge. We do want to see

:25:59.:26:03.

the growth in manufacturing and production in Britain, and what we

:26:03.:26:06.

are seeing in the economy, difficult as the months ahead will

:26:06.:26:10.

inevitably be, a growth of things made in Britain, whether that is

:26:10.:26:18.

cars, vans or lace for people stresses. Mr Speaker, the United

:26:18.:26:27.

States secretary of state, Robert Gates, has said - I beg your pardon,

:26:27.:26:32.

Secretary of Defence - has said that the NATO operation in Libya

:26:32.:26:42.
:26:42.:26:46.

has exposed serious security gaps. A first -- but First Sea Lord,

:26:46.:26:52.

Admiral Mark Stanhope, has said that the operation in Libya cannot

:26:52.:26:55.

be sustained for longer than three months without serious cuts

:26:55.:27:05.
:27:05.:27:13.

elsewhere. Given those problems... Isn't it time that the Prime

:27:13.:27:16.

Minister reopened at the defence review and did another U-turn on

:27:16.:27:23.

his failed policies? He is called Mark Stanhope, that is his name. I

:27:23.:27:27.

had a meeting of the First Sea Lord yesterday, and he agreed we could

:27:27.:27:31.

sustain the mission as long as we need to, and that is exactly the

:27:31.:27:34.

words that the chief of defence staff used yesterday, because we

:27:34.:27:38.

are doing the right thing. I want one simple message to go out from

:27:38.:27:42.

every part of this government and every part of this House of Commons,

:27:42.:27:48.

that time is on our side. We have got NATO, the United Nations, the

:27:48.:27:52.

Arab League and we have right on our side. The pressure is building,

:27:52.:27:55.

militarily, diplomatically, politically and time is running out

:27:55.:27:58.

for Colonel Gaddafi. On the issue of the defence review, I would say

:27:59.:28:03.

this. For 10 years they haven't had a defence review, now they want to

:28:03.:28:08.

win a row. At the end of this review we have the 4th highest

:28:08.:28:11.

defence budget for any country in the world. We have superb armed

:28:11.:28:15.

forces, superbly equipped and they are doing a great job in the skies

:28:15.:28:25.
:28:25.:28:27.

By the time PMQs have finished, 450 children will have died from

:28:27.:28:31.

preventable disease and famine. Is it not the case that increasing

:28:31.:28:35.

Britain's aid budget is very much the right thing to do and will save

:28:35.:28:41.

millions of lives across the world. I very much welcome the support

:28:41.:28:46.

from the Honourable Gentleman for the policy of increasing our aid

:28:46.:28:51.

budget and reaching the 0.7 % target of gross national income. I

:28:51.:28:53.

think there are good reasons for doing this. First of all, we are

:28:54.:28:57.

keeping a promise to the poorest people in the poorest countries of

:28:57.:29:01.

the world and we are saving lives. Yes, of course, things are

:29:01.:29:04.

difficult at home but I think we should keep the promise even in the

:29:04.:29:07.

midst of difficulties. The second point I would make is that we are

:29:08.:29:12.

making sure our aid budget is spent very specifically on things like

:29:12.:29:16.

that she Nations for children that will save lives. -- vaccinations.

:29:16.:29:20.

That will mean a child vaccinated every two seconds and a life saved

:29:20.:29:23.

every two minutes. The last point I would make to anyone who has doubts

:29:24.:29:28.

about this issue, is I really do think that as well as saving lives,

:29:28.:29:31.

it is also about Britain's standing for something in the world and

:29:31.:29:35.

standing up for something in the world, the importance of having a

:29:35.:29:41.

strong aid budget, mending broken countries, as well as having an

:29:41.:29:50.

issue as well. In that this carer's week when we celebrate the

:29:50.:29:54.

contribution of Birmingham's care assistants and the loving families

:29:54.:29:58.

who look after their loved ones, will the Prime Minister join with

:29:58.:30:04.

me in condemning Birmingham City Council for cutting care to 4,100

:30:04.:30:09.

of the most vulnerable in our city, branded unlawful by the High Court.

:30:09.:30:16.

Bank and I asked the Prime Minister what he intends to do to make sure

:30:16.:30:18.

that never again does Birmingham City Council fail the elderly and

:30:18.:30:24.

disabled? I think everybody in the House should welcome that it is

:30:24.:30:27.

Careys week, and I will have a reception in Number Ten tonight to

:30:28.:30:31.

celebrate that with many people who take part and are carers. This

:30:32.:30:35.

government is putting in �400 million to give carers more breaks

:30:35.:30:39.

and specifically putting in �800 million to make sure those looking

:30:39.:30:43.

after disabled children get regular breaks. What we have in Birmingham

:30:43.:30:47.

is an excellent Conservative and Liberal Democrat alliance doing a

:30:47.:30:50.

very good job recovering from a complete mess Labour made of the

:30:51.:31:00.

Last night on Channel 4 television there was documentary called the

:31:00.:31:04.

killing fields, showing the atrocities committed by the Sri

:31:04.:31:07.

Lankan government to the Tamil people which resulted in over

:31:07.:31:12.

40,000 people being killed. Would the Prime Minister join me in

:31:12.:31:14.

calling for justice for the Tamil people and the people who have lost

:31:15.:31:19.

their lives? I didn't see the documentary, but I understand it

:31:19.:31:23.

was an extremely powerful programme and it refers to some very worrying

:31:23.:31:27.

events that are alleged to have taken place towards the end of that

:31:27.:31:30.

campaign. And what the government has said, along with other

:31:30.:31:33.

governments, is that there should Lankan government does need this to

:31:33.:31:36.

be investigated and the UN needs this to be investigated and we need

:31:36.:31:41.

to make sure we get to the bottom of what happened. The Prime

:31:41.:31:44.

Minister will be aware of the shambles of corporate governance

:31:44.:31:48.

which is the duration at Natural Resources Corporation. I would not

:31:48.:31:52.

expect him to give specific comment on it, but would he agree on behalf

:31:52.:31:56.

of millions of pension holders and small shareholders across the

:31:56.:31:59.

country that high standards of corporate governance at the City of

:31:59.:32:03.

London is critical, as is the role of the Financial Reporting Council?

:32:03.:32:07.

I am aware of this problem and the Honourable Gentleman makes

:32:07.:32:12.

important point. We have caused want companies to come to London to

:32:12.:32:15.

access capital to float on the main market, and that is one of the

:32:15.:32:18.

attractions of Britain, that we are an open economy, but when the

:32:18.:32:20.

companies come they have to understand we have rules of

:32:21.:32:24.

corporate governance that are there for a reason and we need to obey

:32:24.:32:27.

the rules, and I'm sure the Chancellor will be addressing this

:32:27.:32:31.

not only in his speech tonight, but also in the papers we will publish

:32:31.:32:41.

in subsequent days. Mr Speaker, does the Prime Minister agree with

:32:41.:32:45.

me that if the coalition government had not adopted the economic policy

:32:46.:32:50.

that it has rather than listen to the advice of the Shadow Chancellor

:32:50.:32:55.

mortgage interest rates could be 5% higher than what they are now?

:32:55.:32:59.

Honourable Friend makes important point. In this country today,

:32:59.:33:03.

tragically, we have agreed levels of government debt that German

:33:03.:33:07.

interest rates. That is an enormous monetary boost to our economy and

:33:07.:33:11.

we should all welcome the cut in unemployment today. If we had not

:33:11.:33:15.

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