“What assessment he has made of the potential impact of the Autumn Budget 2025 on members of the British Coal Staff Superannuation Scheme.”
Asked by
Steve Yemm
Answering Minister
the Secretary of State for Energy Security and Net Zero
Answer from Hansard
The Parliamentary Under-Secretary of State for Energy Security and Net Zero (Chris McDonald)
In the autumn Budget, the Chancellor announced the transfer of the £2.3 billion reserve to members of the British Coal staff superannuation scheme. Almost 40,000 former mineworkers and colliery staff received their first bonus increase before Christmas, with an average uplift of £100 a week, or a one-off £5,500 lump sum for backdated pensions. That is the difference that this Labour Government are making for coalfield communities.