(6 months, 3 weeks ago)
Lords ChamberMy Lords, I thank the noble Lord, Lord Bird, for securing this important debate.
As we have heard, by the Government’s own estimate there are 4.3 million children—or to put it another way, 30% of all children in the UK—living in relative low-income housing, after housing costs. That is clearly a most alarming statistic. I truly believe that by addressing child and parental ill health, in addition to child and parental qualifications, we have the ability to solve long-term worklessness and low earnings.
The key to solving child poverty is to get people into work, and the data backs this up. Children living in workless households are more than six times more likely to be in absolute poverty, after housing costs, than those in households in which adults work.
Step one would be to empower children and parents to make the right food choices, which is the building block to eradicating child poverty. Many of your Lordships will be familiar with the phrases “gut instinct” and “you are what you eat”. What we put into our bodies is what drives us. If we put unhealthy food that is high in calories and saturated fat into our system, it is highly likely that we will be overweight, feel ill and lack motivation, positivity and the will to succeed. We have to find a way to educate both children and their parents on healthy eating. Fortunately, there are charities such as Chefs in Schools, whose mission is to help
“schools serve up generation-powering, mind-opening, society-changing food and food education that fuels the future—all within school budgets”.
We can go much further. Feeling good is roughly 70% diet and 30% exercise. We have to encourage both parents and children to take exercise. Physical exercise and sport make a hugely positive contribution to society, to the extent that for every £1 spent on sport and physical activity, around £4 is generated in return across health and well-being, strengthening communities and the economy. “PE With Joe”—Joe Wicks—transmitted during the pandemic, proved that you do not need to go to the local sports centre to stay fit and healthy. It can be done in your flat or in the local park, and it costs no more than a pair of trainers and shorts, and a t-shirt. It is essential to get the message out about the importance of physical exercise.
To drill down on the point made by the noble Lord, Lord Bird, about inherited poverty, my third area of focus is that we can eradicate child poverty, particularly generational poverty, through financial education. Assuming that families can find success with food education and physical education, they will be back in work, feeling good and able to save even just small amounts of money. Financial education is now crucial, because it is possible to grow those small amounts into life-changing sums. Using tax-free allowances, it is feasible to turn £10 per week into £160,000, using a medium rate of return over a 50-year timeframe. That £160,000 could be enough to take the next generation of a family out of poverty and into home ownership, mortgage free. Saving £20 per week at a slightly higher rate of return can produce £645,000.
My Lords, four minutes was a narrow window; I could speak in much more detail, but please let me finish by asking the Minister what the Government will do to address food education, physical education and financial education for both children and parents currently living in poverty.