Oral Answers to Questions
Debate between Catherine West and Torsten Bell(1 month, 2 weeks ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
Torsten Bell
The background to this is that employment is up 920,000 since the election. As I just said, there are structural challenges when it comes to youth unemployment. I gently refer the Tories to the fact that we saw a 250,000 increase in the number of those not in education, employment or training in the last three years that they were in office, and youth apprenticeships saw a 40% fall when they were in office. This Government are getting on with supporting young people. That is why this month will see the introduction of a £3,000 hiring bonus for firms that take on someone aged 18 to 24 who has been looking for work for six months.
Catherine West (Hornsey and Friern Barnet) (Lab)
What is the Minister’s assessment of the unemployment issues for graduates? Will he and the Treasury team pledge to consider carefully the evidence that the cross-party Treasury Committee took from thousands of graduates, and come up with a fairer system that equalises plans, so that the year in which graduates enrolled in university does not matter, and graduates pay more or less the same for their graduate loan?
Torsten Bell
My hon. Friend has done significant campaigning on this issue in recent months, and we all know why. The Government obviously inherited the student loan system situation, and we have already acted to cap the interest rate on student loans. We look forward to reading her Committee’s report, and, I am sure, to her ongoing campaigning on this issue.
Oral Answers to Questions
Debate between Catherine West and Torsten Bell(3 months, 1 week ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
Catherine West (Hornsey and Friern Barnet) (Lab)
The Parliamentary Secretary to the Treasury (Torsten Bell)
The rise in food banks across Britain is among the most visible signs that, under the last Government, ours was a country in which growth was too low and inequality was too high. This Government are committed to ending the mass dependence on emergency food parcels. We have expanded free school meals to children in all families receiving universal credit, and we have removed the two-child limit to lift around half a million children out of poverty. Britain is now on course for the biggest reduction in child poverty of any Parliament on record, and charities such as Trussell believe that will significantly reduce demand for food banks.
Catherine West
It is indeed a very exciting development to see the bold and vital steps taken to address child poverty, but runaway rental costs are driving hunger and hardship. Building council homes is obviously the right long-term approach, and Haringey council is the second biggest builder of council homes in the whole country. Will the Treasury team now help struggling families by lifting the freeze on local housing allowance so that there is a permanent link between rents and support?
Torsten Bell
My hon. Friend is absolutely right. Food bank use has fallen in recent years, but it is still far too high, including in her constituency. It is part of a wider challenge that the cost of essentials places too much pressure on household finances.
The Department for Work and Pensions spends around £37 billion a year on housing support, but in the long run, the answer to high housing costs is to build more homes. That is what we are doing through the £39 billion social and affordable homes programme, but we also need to protect tenants in the here and now, and the Renters’ Rights Act 2025 comes into force just next week. Among other things, it will allow tenants to appeal excessive, above-market rents.