Oral Answers to Questions
Debate between Victoria Atkins and Iain Duncan Smith(9 years ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
Mr Duncan Smith
The key thing is that, as the Institute for Fiscal Studies has said, there is nothing new in the spending review when compared with the Budget. It said that
“the long term generosity of the welfare system will be cut just as much as was ever intended”.
In other words, the £12 billion of savings is pretty much exactly as was announced in the Budget. I say to the hon. Gentleman that universal credit has a huge effect. We published figures this week to show that universal credit means that more people go into work faster, stay in work longer and are likely to earn more money. That is a huge change and it will affect young people dramatically, as much as it will anybody else.
Victoria Atkins (Louth and Horncastle) (Con)
The reforms to benefits, whereby work should always pay more than welfare, are welcome in Louth and Horncastle. As we roll out universal credit across my constituency, will the Secretary of State join me in my constituency to see the changes for himself, including the 40 new jobs just created in Louth at the supermarket Aldi?