(2 weeks ago)
Lords ChamberBefore the noble Baroness sits down, can I inject one further thought that she might agree with? While the sentiments adduced in this debate are entirely right, and the concern is absolutely an important concern, does she agree that, in that discussion of centrally imposed targets versus the removal of targets, looking at the particular circumstances is profoundly important? The targets were removed after what those of us who do financial services call the global financial crash, when GDP declined considerably—in fact, we are still seeing the effects of what happened in 2008—but, because child poverty is relative, a decline in GDP has a material impact on whether child poverty goes up or down. I wonder whether that should be part of the consideration of where the targets fit. My own view is that some targets are important, but it is more important to get GDP going, which I think is the Government’s intent in this case, so relative child poverty of itself becomes less of a problem.
The noble Baroness makes a very helpful point, and I absolutely agree with it.