Labour's £58bn WASPI pledge branded 'regressive and appalling'

Hannah Godfrey
clock • 3 min read

The Labour party's pledge to hand out £58bn to around 3.8 million women affected by the increases to state pension age has been criticised. The pledge was first outlined in Labour's manifesto, published last week, which vowed to "work with [1950s] women to design a system of recompense for the losses and insecurity they have suffered". Over the weekend, the party revealed such a system would cost £58bn. Speaking on Sky News on Sunday (24 November), shadow chancellor John McDonnell said: "This is an entitlement, not a benefit… this is a historic injustice, we have to address it." A ...

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