Jeremy Corbyn: 'Nasty' Tories have launched attack on up to 10 million pensioners

Posted On: 
19th May 2017

Jeremy Corbyn has accused the "nasty" Conservatives of planning to slash the incomes of up to 10 million pensioners in their election manifesto.

Jeremy Corbyn says Labour will protect pensioners.
Credit: 
PA Images

The Labour leader hit out after Theresa May confirmed her government would scrap the "triple lock" which currently guarantees that pensions will rise by at least 2.5% a year.

The winter fuel allowance will also be removed from the wealthiest pensioners - a policy which the Resolution Foundation thinktank estimates will hit 10 million OAPs.

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A major shake-up of the social care system will also see people forced to use the value of their homes to pay for their treatment in a move which Mr Corbyn has dubbed a "tax on dementia".

"Theresa May’s nasty party has launched a shameful attack on older people - introducing a compassion tax to force those in need of social care to pay for it with their family home," said the Labour leader.

"Labour is standing up for pensioners and guaranteeing the triple-lock on state pensions, as well as giving social care the funding it needs.

"It is clear the Conservatives are offering more of the same, tax giveaways for their billionaire friends and nothing for ordinary people. Labour is standing up for the many, not the few."

Shadow Work and Pensions Secretary said: "The Conservative Party is completely abandoning older people by scrapping the pensions ‘triple lock’, removing the Winter Fuel Allowance from 10 million pensioners, making 34 million people work longer and forcing those who need care to pay for pay for it with their family home.

"This is the direct result of seven years of Tory economic failure. Labour completely oppose this shocking attack on a whole generation."