HC Deb 12 November 1953 vol 520 c60W
54. Mr. Hamilton

asked the Chancellor of the Exchequer what steps he has in mind to remove the injustice to retirement pensioners as a result of the increased cost of food in the last two years, which has nullified the 2s. 6d. increase in the basic pension granted in the 1952 Budget.

Mr. Boyd-Carpenter

The cost of food has risen only by about 2 per cent. since retirement pensions were raised in 1952. As this increase in the retirement pension varied between 28.6 per cent. and 8 per cent. according to the age and married status of the pensioner, I do not agree that it has been nullified by so small a variation in food prices.