Steve Webb: It has been a privilege

clock

Former pensions minister Steve Webb has thanked his supporters for their backing after the Liberal Democrat MP for Thornbury & Yate lost his seat at the general election.

Despite receiving more than 18,000 votes, Webb lost out in a close result to Conservative Luke Hall. The Conservatives secured an unexpected majority in last week's election, winning several seats from Labour and the Liberal Democrats, in particular, to finish with 331 seats. In a message on Facebook, Webb wrote: "A big thank you to everyone for their generous comments on Facebook and Twitter, and especially to the 18,400 local people who wanted me as their local MP - unfortunately not quite enough. It has been a privilege to serve our area for the last 18 years in Parliament." R...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Pensions

Gender pensions gap grows to £113,000

Gender pensions gap grows to £113,000

Report finds more than a third of women are likely to face poverty in retirement

Martin Richmond
clock 18 November 2025 • 3 min read
The FOMO-fuelled run on the pensions bank – where the Treasury is the only winner

The FOMO-fuelled run on the pensions bank – where the Treasury is the only winner

'You can't build a savings culture on a foundation of uncertainty'

Matt Storey
clock 17 November 2025 • 5 min read
Chancellor's potential salary sacrifice plan: A 'high risk gamble built on low quality data'

Chancellor's potential salary sacrifice plan: A 'high risk gamble built on low quality data'

Govt reportedly considering introducing a £2,000 salary sacrifice annual cap

Joseph Warne
clock 14 November 2025 • 4 min read