Oral Question·Department for Business, Energy and Industrial Strategy
“What steps he is taking to reduce red tape for small and medium-sized businesses.”
Tabled: 19 October 2022Answered: 25 October 2022
Asked by
Danny Kruger
Reform UK — East Wiltshire
Answering Minister
the Secretary of State for Business, Energy and Industrial Strategy
Answer from Hansard
The Parliamentary Under-Secretary of State for Work and Pensions (Emma Reynolds)
Due to the Government’s steadfast commitment to the triple lock, pensioners will see an above-inflation increase of 4.1% in their state pension next year, which means that they will be up to £470 better off—and, over the course of this Parliament, over £1,900 better off.