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

Do clients already own the best retirement portfolio?

Do clients already own the best retirement portfolio?

'Feeling safer and being safer aren't the same thing'

Alex Funk
clock 29 October 2026 • 4 min read
Budget 26: Government to get rid of two-year tax rule on lump sum death benefits

Budget 26: Government to get rid of two-year tax rule on lump sum death benefits

Changes will also be made to how tax due on excess lump sum death benefits is collected

Jonathan Stapleton
clock 28 October 2026 • 1 min read
Budget 26: State pensioners to be shielded from income tax

Budget 26: State pensioners to be shielded from income tax

State pension expected to rise to £13,036

Sophia Panayi
clock 28 October 2026 • 2 min read