(5 years, 6 months ago)
Lords ChamberMy Lords, again, we are doing a huge amount, quite a lot of which is not reported or reflected in the additional support we have injected. I have just returned from the G7 in Paris, where we focused on labour. There is no question that, across the world, the changing world of work presents challenges. We are at the forefront on this issue; other countries look to us. Our living wage is way in excess of what other countries afford their citizens. We are setting an example and achieving a huge amount in having a transformational system that helps people into work, pays them to work and gives them in-work progression. Let me give an example: a couple with three children need to work for a total of only 24 hours per week to be exempted from the benefit cap; they can then receive from the state the equivalent of a £35,000 gross salary a year, plus housing support. That is not ungenerous.
My Lords, does the Minister welcome the recent weekly earnings increase?
Absolutely. The increase in weekly earnings makes a huge difference. Tackling poverty will always be a priority for this Government; they have lifted 400,000 people out of absolute poverty since the party opposite was in government. Inequality has fallen. Our reforms have made sure—this is important—that our welfare system encourages people into work, but is also fairer for the taxpayer and sustainable for the future.