Rachel Reeves twice made the incorrect claim (Image: Getty)
Rachel Reeves has been forced to correct the official parliamentary record after bungling her figures. The Treasury has corrected Hansard, the transcript of what MPs and peers have said in Parliament, following errors by the Chancellor.
Ms Reeves slipped up while discussing unemployment and pension reforms during a recent grilling by peers. In one exchange with former Chancellor Lord Lamont, she twice claimed that the ￡425 billion Local Government Pension Scheme was managed by "96 administering authorities" which she wants to cut to "eight pools".
Article continues belowADVERTISEMENT
Read more: Keir Starmer told to use Royal Navy to turn small boats back to France
However, the Treasury subsequently said: “The correct figures are that there are 86 different administering authorities, with plans to take that down to six pools.”
Treasury officials also clarified the "just over 4%" figure Ms Reeves told peers on the House of Lords Economic Affairs committee for the unemployment rate.
Powered By
10 Sec
Eamonn Holmes fumes as energy price cap rises by 2%
Next
Stay
However, the latest figures from the Office for National Statistics was closer to 5% at 4.7%.
DON'T MISS
Powered by
GB News host erupts 'Labour has gone to war' as Starmer dealt major blow
Six money changes in September to be aware of - will you be impacted?
'Tax rises are inevitable!' Rachel Reeves slammed for maxing out Britain's credit card
Tax raid Chancellor Rachel Reeves blamed for '100k pub and restaurant job losses'
Labour in fresh winter fuel chaos as 600k disabled pensioners to miss out
Rachel Reeves could launch fresh tax raid on working people amid budget black hole
PM should fire Rachel Reeves, as almost half of UK voters don't think she's 'up to job'
Barclays customers given ￡1,300 savings warning as expert says 'wrong account'
Keir Starmer dealt huge blow as election petition hits major new milestone
Disaster for Emmanuel Macron as France faces yet another crisis
Rachel Reeves 'daft new IHT plot' slammed for 'turning grandparents into tax evaders'
Rachel Reeves alerted inheritance tax raid could choke off lifeline for young families
GB News halts for Rachel Reeves breaking alert after devastating inflation figures
DWP confirms when benefit claimant bank accounts to be checked
The 7 crazy policies backed by the Labour minister writing Rachel Reeves's Budget
Grieving households would face ￡100,000 HMRC bill over ‘gifts to family' rule
DWP confirms exact date you must be born to get 2025 winter fuel payment
'Rachel Thieves' brutally torn apart as Kemi Badenoch shares new website
Rachel Reeves eyeing pension pot nest eggs with raid on tax-free lump sum
Rachel Reeves plotting major 'pensions tax raid' in huge blow to older Brits
GB News host erupts 'Labour has gone to war' as Starmer dealt major blow
Six money changes in September to be aware of - will you be impacted?
'Tax rises are inevitable!' Rachel Reeves slammed for maxing out Britain's credit card
Tax raid Chancellor Rachel Reeves blamed for '100k pub and restaurant job losses'
Labour in fresh winter fuel chaos as 600k disabled pensioners to miss out
Rachel Reeves could launch fresh tax raid on working people amid budget black hole
PM should fire Rachel Reeves, as almost half of UK voters don't think she's 'up to job'
Barclays customers given ￡1,300 savings warning as expert says 'wrong account'
Keir Starmer dealt huge blow as election petition hits major new milestone
Disaster for Emmanuel Macron as France faces yet another crisis
Rachel Reeves 'daft new IHT plot' slammed for 'turning grandparents into tax evaders'
Rachel Reeves alerted inheritance tax raid could choke off lifeline for young families
GB News halts for Rachel Reeves breaking alert after devastating inflation figures
DWP confirms when benefit claimant bank accounts to be checked
The 7 crazy policies backed by the Labour minister writing Rachel Reeves's Budget
Grieving households would face ￡100,000 HMRC bill over ‘gifts to family' rule
DWP confirms exact date you must be born to get 2025 winter fuel payment
'Rachel Thieves' brutally torn apart as Kemi Badenoch shares new website
Rachel Reeves eyeing pension pot nest eggs with raid on tax-free lump sum
Rachel Reeves plotting major 'pensions tax raid' in huge blow to older Brits
GB News host erupts 'Labour has gone to war' as Starmer dealt major blow
Six money changes in September to be aware of - will you be impacted?
'Tax rises are inevitable!' Rachel Reeves slammed for maxing out Britain's credit card
Tax raid Chancellor Rachel Reeves blamed for '100k pub and restaurant job losses'
Labour in fresh winter fuel chaos as 600k disabled pensioners to miss out
Rachel Reeves could launch fresh tax raid on working people amid budget black hole
PM should fire Rachel Reeves, as almost half of UK voters don't think she's 'up to job'
Shadow Business Secretary Andrew Griffith accused Ms Reeves of a "shocking grasp of detail".
He told the Mail on Sunday: "When she's writing such big cheques with taxpayers' money, it's no time to be loose with your numbers."
It comes as the Chancellor faces intense speculation over what tax hikes she will unveil at the upcoming autumn budget.
Read Next
SUBSCRIBEInvalid email
We use your sign-up to provide content in ways you've consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. Read our Privacy Policy