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Lord Macpherson of Earl’s Court (CB)

Speaking in the House of Lords on 24 June 2026

Debate

Scottish Government: Social Security Benefits

Contribution

My Lords, does the noble Lord the Financial Secretary agree that fiscal responsibility should lie at the heart of the devolutionary settlement? Does he agree that maintaining fiscal credibility would be a particular challenge in the event of Scotland becoming independent? Is he aware that the Irish Free State had to cut the state pension by 10% in 1924 to maintain parity with sterling? Might he draw that to the attention of those who advocate Scottish independence?

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