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Chancellor acknowledges Banbury’s MP for budget pension protection changes

Summary by Banbury FM
Mr Woodcock has been pushing for the change which will benefit around 250,000 pensioners Banbury’s MP was acknowledged by the Chancellor of the Exchequer in last Wednesday’s budget for his work pushing for a change in pension compensation payments. Sean Woodcock highlighted the issue to Rachel Reeves after a constituent made him aware of the problem. The Pension Protection Fund acts as a safety net providing compensation to pensioners in the eve…
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Banbury FM broke the news in on Sunday, November 30, 2025.
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