Ministers feared a 1980 plan to cut state pension by 3% would cause riots, papers released today by the National Archives reveal.
An article in today's Guardian reported a plan by Margaret Thatcher's first chancellor, Geoffrey Howe, to cut the value of the state pension in autumn 1980 triggered a secret cabinet revolt with wa...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders