Pensions minister Steve Webb loses seat to Conservatives

Jenna Towler
clock

Liberal Democrat MP Steve Webb, who has served as pensions minister for the last five years, has lost his parliamentary seat.

The long-serving Lib Dem lost his Thornbury & Yate seat to Tory Luke Hall. 

Hall got 19,924 votes compared to Webb's 18,429, which was 14% down on the last election.

The Conservative vote was up 4% with UKIP also making significant gains. 

Webb was the longest serving pensions minister with his five-year stint. 

His major policy pushes included reform of the state pension and integrating George Osborne's pensions freedom policy.

Business secretary Vince Cable also lost his seemingly safe Liberal Democrat seat in south-west London.

He lost his Twickenham constituency to Tory Tania Mathias.

Meanwhile the Conservative's health minister, Jeremy Hunt held on to his Surrey South West seat with 34,199 votes.

 

 

 

More on Regulation

ABI names Phoenix Group CEO as president

ABI names Phoenix Group CEO as president

Succeeds Zurich’s Tim Bailey

Jaskeet Briah
clock 26 February 2025 • 1 min read
FCA reconsidering ongoing advice services rules as review findings revealed

FCA reconsidering ongoing advice services rules as review findings revealed

Advisers delivering suitability reviews in ‘vast majority’ of cases

Jen Frost
clock 24 February 2025 • 2 min read
IPT up to £7.6bn in 24/25

IPT up to £7.6bn in 24/25

£853m in January 2025

Cameron Roberts
clock 21 February 2025 • 1 min read

Highlights

COVER Survey: Advisers damning of protection insurer service levels

COVER Survey: Advisers damning of protection insurer service levels

"It takes longer than ever to get underwriting terms"

John Brazier
clock 12 October 2023 • 5 min read
Online reviews trump price for young people selecting life and health cover

Online reviews trump price for young people selecting life and health cover

According to latest ReMark report

John Brazier
clock 11 October 2023 • 2 min read
ABI members with staff neurodiversity policy nearly doubles

ABI members with staff neurodiversity policy nearly doubles

Women within executive teams have grown to 32%

Jaskeet Briah
clock 10 October 2023 • 3 min read