Let me respond a little further. The hon. Lady said that we should choose RPI because, essentially, it is bigger on average. The point about correcting benefits for inflation is not just to find the biggest number possible, but to measure inflation properly and correct benefits accordingly. We could also have a separate debate about the adequacy of benefits, but to use a flawed inflation measure that even the Office for National Statistics, which constructs it, says does not meet international standards, is a crazy direction to take, even if the hon. Lady did not need to find £2.5 billion.
Welfare Benefits Up-rating Bill
Proceeding contribution from
Steve Webb
(Liberal Democrat)
in the House of Commons on Monday, 21 January 2013.
It occurred during Debate on bills
and
Committee of the Whole House (HC) on Welfare Benefits Up-rating Bill.
Type
Proceeding contribution
Reference
557 c113 
Session
2012-13
Chamber / Committee
House of Commons chamber
Librarians' tools
Timestamp
2013-11-19 10:44:18 +0000
URI
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