Oral Answers to Questions

Debate between Iain Duncan Smith and Mark Garnier

Monday 1st July 2013 Commons Chamber

[Mark Garnier (Wyre Forest) (Con)]

1. What assessment he has made of the effectiveness of his Department's innovation fund projects in helping disadvantaged young people.

[The Secretary of State for Work and Pensions (Mr Iain Duncan Smith)]

The innovation fund is a £30 million investment testing cutting-edge projects to improve the employment prospects of our most disadvantaged 14 to 24-year-olds. So far the fund is working well: 6,000 young people are being helped, and recent statistics show 1,800 positive outcomes—each an improvement such as better school attendance, improved skills, qualifications or a move into work—which are being measured for future expansion.

[Mark Garnier]

I know my right hon. Friend recognises the importance of financial education and financial literacy in schools. Can he repeat his support for financial education to start in primary schools and will he reassure the House that he recognises the need for his Department to work closely with the Department for Education to deliver this important measure?

[Mr Duncan Smith]

I can confirm that a strong passion of mine—and certainly one of the DWP’s—is to get financial education literacy into the national curriculum. I hope that view would be shared on both sides of the House. Clearly, people coming out of the education system need at some point to understand what interest rates are, for example—otherwise they will get ripped off by unscrupulous lenders. The national curriculum is published in its final form for first teaching in the autumn of September 2014. The Department for Education and ourselves are consulting on including financial education in it, and I believe that we are likely to get that, so I can say an honest “yes” to my hon. Friend.

--- Later in debate ---

[Mr Duncan Smith]

The story that the cause is an increase in waits is not true; in fact, waits have fallen and have improved by 4% since 2009-10. The Trussell Trust’s director of UK food banks has set out the real reason behind most of this:

“The growth in volunteers and awareness about the fact you can get this help if you need it helps explain the growth this year.”

[Mark Garnier (Wyre Forest) (Con)]

T10. Can the Minister share with the House what steps she has taken to deliver a cross-government disability strategy?