The Government has failed to escape the Courts' after all and is now going to have to pay the legal bills of those pensioners protesting at their harsh treatment at the hands of the Government.
The Government is clearly concerned at the cost to the taxpayer of potentially guaranteeing all failed pension funds.
Perhaps they should have thought of this before the £5 billion a year tax raid that has so undermined the pensions industry.
Also I see a long-term view taken by Labour here; after all, these people are now poor and dependent on the State for their future well-being?
Are they going to vote for any party that suggests reducing the size of the state?