HC Deb 21 October 1954 vol 531 c1366
25. Mr. Dodds

asked the Chancellor of the Exchequer when a report is expected from the Phillips Committee, set up by him in July, 1953, to review the economic and financial problems involved in providing for old age.

Mr. H. Brooke

The Committee are at work on their report, but I cannot say by what date it will be completed.

Mr. Dodds

As pledges were given by the party opposite to restore the value of the £, and as the cost of living has risen, why is it necessary to wait for this Committee to report before restoring the value of old-age pensions?

Mr. Brooke

I think that all quarters of the House and members of the public attach a great deal of importance to this inquiry on which Sir Thomas Phillips and his Committee are engaged, and I think it is very desirable that we should see what they have to say.

Dr. Summerskill

Does that mean that an announcement regarding the increase in old-age pensions is indefinitely delayed?

Mr. Brooke

No, Sir.