if you consider that paying one set of people decent pensions and another set poor pensions is unfair, and further consider that the correct solution to this unfairness is to make sure the people who have decent pensions get poor ones instead, then the government's position makes sense.

Quite, get the masses to fight - you're in the sh!t so make sure your neighbour is too.

if you consider that paying one set of people decent pensions and another set poor pensions is unfair, and further consider that the correct solution to this unfairness is to make sure the people who have decent pensions get poor ones instead, then the government's position makes sense.

Give that the opposite is completely unaffordable, their position does make sense.

Well they can hardly afford to bank roll their chums in the city if they go maintaining the pensions that people have been paying for all this time, can they?

I’m just waiting to see who in the cabinet gets some rather nice consultancy jobs in the finance industry after their political career is over.

So only three and a half years to wait then....

Jon