Liz Truss refuses to guarantee people’s pensions are safe

EMBARGO: Immediate Release

Responding to Liz Truss refusing twice to guarantee on BBC Bristol this morning that people’s pensions are safe, Liberal Democrat Deputy Leader Daisy Cooper said:

“It beggars belief that Liz Truss repeatedly failed to guarantee that people’s pensions will be safe. The Conservatives under Liz Truss have thrown away any shred of economic competence they had left.

“She failed to offer any reassurance to people who are worried sick about the impact of this budget on their pensions, mortgages and bills. Instead the Prime Minister is digging in with this totally disastrous approach that only benefits the very wealthiest while the vast majority suffer.”

ENDS

Notes to Editor

Story first reported by the Evening Standard here.

Speaking on BBC Bristol this morning, Liz Truss was asked whether she could guarantee to listeners that their pensions were safe. She responded: “Well, the Bank of England does a very, very good job on delivering financial stability.”

She was then pressed again on whether she could guarantee that people’s pensions are safe. She respoded: “Well, the Bank of England do that and they do a very good job of it.”