Baroness Hollis of Heigham
Main Page: Baroness Hollis of Heigham (Labour - Life peer)A lot. Large amounts. I am afraid that I do not have the figure directly to hand, but I can assure the noble Earl that we are focused on ensuring that people can get out of poverty. The best way to do that is to get people into work, which is why our focus has been on improving the economic situation as well as on helping to tackle the root causes of poverty.
My Lords, forgive me, but that is simply not the case. It is already true that more than half the children who are in poverty have a parent already in work. Work for them is not the route out of poverty. The obvious response is to seek to increase the minimum wage to a living wage level, but even so, families will still need tax credits to make work pay. Can the Minister not accept that the proposed working tax credit cuts will not only increase the number of children in poverty—the IFS estimates by 300,000—but will absolutely destroy the Government’s mantra that work is the best route out of poverty?
I can say to the noble Baroness that we have halved the tax bill for somebody working full time on the minimum wage and have delivered the first above-inflation rise in the minimum wage since the recession. That is something that we are very proud of.