UK - The prime minister and chancellor are preventing the Department of Work and Pensions (DWP) from rescuing the pensioners whose company schemes collapsed since 1997, according to the Pensions Action Group (PAG).
According to the statement by PAG, the victims were promised that the latest of a long line of reports on their situation would be published by the end of November. The report was ready, but the DWP has not published it.
"We understand that the report will confirm that the victims can be provided with assistance at least in line with the Pension Protection Fund (which was established for victims of companies that collapsed after the 6 of April 2005) at little or no extra cost," read the statement.
The 125,000 lost pension victims have been fighting for over five years and have gained support from the Parliamentary Ombudsman, the Public Administration Select Committee, the European Court of Justice, the High Court, the House of Lords and a large number of MPs from across political parties, however, PAG said the victims were still denied justice by Gordon Brown.
PAG has also received support and encouragement from both Peter Hain and Mike O'Brien. PAG was planning to lobby selected MPs on Wednesday 12 December and ask MPs to help them meet Gordon Brown in the House of Commons and ask him to explain why he will not help them.
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A nationwide survey of committee and local pension board members of the Local Government Pension Scheme has revealed high levels of confidence in all areas of their responsibility.
UK inflation unexpectedly rose to 2.7% in August, beating analysts' expectations of a drop to 2.4% from 2.5% the previous month.