BR sell-off plans under twin attack
Labour also plans to ask the Speaker of the Commons, Betty Boothroyd, to rule whether the Railways Bill should be classified as a 'hybrid' measure, open to challenge from petitioners outside Parliament because private as well as public rights are in issue.
An amendment by Lord Tordoff, a Liberal Democrat, seeks to reverse a catch-all clause in a schedule providing that if later statutory orders relating to pensions are found to be 'hybrid', they will not be treated as such for the purposes of the Bill.
Lord Tordoff said he felt that 'a number of people around the House' were disturbed by the clause, which the Government had included despite a Lords select committee on procedure report which suggests the Government has failed to allow for parliamentary debate on what will happen to BR pensions after privatisation. An amendment from Lords Peyton and Marsh, former Conservative transport ministers, calls on the Government to guarantee that pensions retain their value. It follows the Government's decision not to take over the pension scheme, and to opt for a 'closed' fund that will attract no new money.
The peers say payments to pensioners, most of whom have not been high earners during their working lives, will be vulnerable to unlucky investments, inflation, longevity and tax changes. Lord Peyton said: 'If the Government wants to make this privatisation change it must give the fund a guarantee.'
Support for the amendment is such that the Government may have to offer its own amendment. It has already suffered a damaging defeat when Tory rebel peers last week secured approval for an amendment to allow BR to bid along with the private sector to provide services.
- 1 Exodus Gods and Kings: Ridley Scott never considered casting 'Mohammad so-and-so from such-and-such' in lead role
- 2 This letter from a reader explains why women can’t play football
- 3 'You should come to my house and eat cheeses with me': 4-year-old sends adorable love letter to girl at school
- 4 Scientists predict green energy revolution after incredible new graphene discoveries
- 5 Michael Buerk wishes he'd killed Jimmy Savile when he had the chance - by pushing him overboard a cruise ship
Black Friday 2014: Opening times for Asda, John Lewis, GAME, PC World and Argos
Dr Lam Hoe Yeoh: Voyeur doctor jailed for eight years after using network of hidden cameras to film patients, colleagues and friends on the toilet
'You should come to my house and eat cheeses with me': 4-year-old sends adorable love letter to girl at school
Scientists predict green energy revolution after incredible new graphene discoveries
Michael Buerk wishes he'd killed Jimmy Savile when he had the chance - by pushing him overboard a cruise ship
Ukip says babies born to immigrants in the UK should be classed as migrants – which would include Nigel Farage’s own children
Obama: The only people with the right to object to immigration are Native Americans
The young are the new poor: Sharp increase in number of under-25s living in poverty, while over-65s are better off than ever
Tamir Rice: 12-year-old boy playing with fake gun dies after being shot by Ohio police
Rochester aftermath: Sacking of Emily Thornberry will make work of Labour MPs '10 times harder'
Ed Miliband's 'north London set' must be demolished to save Labour, say critics
Excellent Salary: Austen Lloyd: SURREY MARKET TOWN - SENIOR PROPERTY SOLICITOR...
Negotiable: Recruitment Genius: What do you want to do with your career? Do yo...
Negotiable: Recruitment Genius: This company is a leading expert in immunoassa...