Question to the HM Treasury:

To ask Her Majesty's Government what recent steps they have taken to help reduce economic inequality.

Distributional analysis published at Autumn Budget and Spending Review 2021 shows that in 2024-25, tax, welfare and spending decisions made since Spending Round 2019 will have benefitted the poorest households most, as a percentage of income. The analysis also shows that in 2024-25, the poorest 60% of households will receive more in public spending than they contribute in tax.

Work is the best route out of poverty and that is why the government is investing £6 billion in labour market support over the next three years to help people move into, and progress in work. This builds on the success of the Plan for Jobs, with over 2 million fewer people expected to be unemployed than previously thought.