Universal Credit

Jeremy Corbyn Excerpts
Thursday 5th September 2013

(10 years, 8 months ago)

Commons Chamber
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Jeremy Corbyn Portrait Jeremy Corbyn (Islington North) (Lab)
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As the Secretary of State considers the operation of universal credit, will he look at the effect on people living in areas with high private sector rental costs who find that a wholly disproportionate amount of their benefit goes on such rents, rather than keeping body and soul together? We need not only to look at that, but to control private sector rents.

Iain Duncan Smith Portrait Mr Duncan Smith
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I believe that universal credit will help in that regard because the idea is that, as people go back to work, they will be better off for every hour they work than they were on benefits, which should make them more able to afford to live. The vast majority of benefits under universal credit will go to the bottom 20% of earners, so it should be a net benefit to the poorest in society.