Speeches by Bell.

“I would like to make a statement regarding National Savings & Investments. On 18 December 2025, NS&I notified the Treasury of an operational failure to comprehensively trace accounts for some customers who had passed away. The result of that failure is that not all savings were identified by NS&I and paid t…”

“I welcome the tone of the shadow Minister’s remarks. I obviously absolutely agree with him that customers deserve better and they deserve reassurance. I have tried to provide that today by setting out what we are doing, and giving everybody reassurance that their savings are 100% safe and are guaranteed by the Governme…”

“My hon. Friend is completely right. I am sure that she speaks for many people today. The experience of administering estates is challenging for us all at the best of times, and it is of deep regret to me—and, I am sure, to everyone at NS&I—that we are putting anybody through complications. I can give her the reassu…”

“I am sure that many Members across the House, and many people across the country, share my hon. Friend’s experience of early engagement with NS&I. The brand has very high awareness and support for exactly the reasons he gives. On his question about an assurance that there will be change, I hope that I have set that…”

“As always, I thank my hon. Friend for his important question. He is absolutely right—the priority for us is to ensure that people are reunited with their money and that they do not incur costs in trying to get it back. That is why I have been so clear with NS&I over the past few months that it makes sure that it un…”

“That is a question the hon. Gentleman should put to his Front Benchers, who opened the negotiations with Mauritius in the first place. Opposition Members come to the House making cheap points, because they used to take seriously the job of government and they have given up entirely. I will make some progress now, havin…”

“I beg to move, That this House disagrees with Lords amendment 1.”

“I welcome the opportunity to consider the Lords amendments to the Bill. I thank Members of both Houses for their careful scrutiny of it, and I particularly thank the Financial Secretary, Lord Livermore, for leading the Bill so expertly through the other place. Before addressing the amendments directly and explaining th…”

“As always, I thank my hon. Friend for his remarks. He was pretending that the competition is about who is the better MP, but we know it is really about the volume of speaking in this Chamber. The two of them are running it close, but never testing the patience of this House. It is amazing that you have allowed them bot…”

“No, that is not what is going on. What will happen is that everybody will still have a strong tax relief incentive to save for their pension, and by taking a sensible approach to reforming that, we will avoid seeing the cost of the tax relief rise to the same level as the cost of the RAF. I listen to Opposition Members…”

“The hon. Member always raises questions brought up by his constituents, which we know is a valuable part of the work he does in this place. The direct answer to his constituents is that all of them have a very strong tax incentive to save for their pension, without salary sacrifice. We spend £70 billion a year to provi…”

“I am grateful to the shadow Minister, the hon. Member for Wyre Forest (Mark Garnier), and the Liberal Democrat spokesperson, the hon. Member for Witney (Charlie Maynard), for their contributions. I will not reiterate the arguments for the Bill as a whole, but I will try to respond directly to the points that they have …”

“Absolute nonsense. Members of the House should be reminding everybody in this country that they have a strong incentive to save for their pension, not misleading them by implying that they will somehow lose out by saving for their pension. That is not the case, and it is really important that we are consistent in our m…”

“She is trying to be nice to you!”

“Here we have it again: when the Conservatives are faced with any difficult choice, the answer is higher child poverty. It is the answer to every question they are ever faced with. They stand up day in, day out and say that what they want to see is higher child poverty—and they cheered enthusiastically for it just then.…”

“I am pleased that my hon. Friend the Member for North Durham (Luke Akehurst) has secured the debate on this important matter and thank him for the thoughtful way in which he described the impact on his constituents. He spoke on behalf of many others as well, and in particular those members of the Nissan pension scheme.…”

“My hon. Friend has been a powerful campaigner on this issue. I recognise her point about situations where there was a habit of paying discretionary increases in the past. On the question of what we do about it, let me come to the Government’s approach, and then I will perhaps offer two reflections specifically on the p…”

“I will come in a second to the point that the right hon. Gentleman is making, which is about where power lies in the system.”

“I hear the right hon. Member’s point. I am not going to comment on individual legal cases, obviously, but the basis of the distinction at 1997 reflects the decisions taken in 1995 by a previous Conservative Administration to introduce statutory indexation, but not wanting to do that for accruals that had already taken …”

“I think there is a slightly harder case, which is examples where schemes had an established practice of paying discretionary increases—my hon. Friend the Member for North Durham mentioned Nissan cases from before the turn of this century, where that was the practice—and that was seen as the norm, and then, for differen…”