Women and the Economy

Alex Chalk Excerpts

Wednesday 9th December 2015 Commons Chamber

[Kate Green]

The hon. Gentleman is wrong to say that my party opposed it; we did not. We did say that it would not be sufficient to compensate for the cuts to tax credits and benefits. He might also like to know that analysis has shown that the people who will benefit from the national living wage are not the same ones who will lose out from the cuts to tax credits and benefits. This nonsense, this sleight of hand, about the figures does Conservative Members no credit. They should be prepared to come clean about who will benefit from their policies and who will not.

In the autumn statement, under pressure from Opposition Members, the Chancellor was forced to make changes to his plans. The cuts to tax credits have not been abandoned, however; they have merely been delayed. The same savings will still be made elsewhere in the system, and women will still lose out. According to a Library analysis commissioned by my right hon. Friend the Member for Normanton, Pontefract and Castleford (Yvette Cooper), women will be hit three times as hard as men by the cuts in this year’s summer Budget and in the autumn statement. That is three times as hard in six short months, and in just two spending announcements. Many of the Chancellor’s policies that are inimical to the interests of women remain firmly in place.

[Alex Chalk (Cheltenham) (Con)]

Does the hon. Lady recognise that the Government’s proposal to force companies to publish details of salaries and bonuses is a welcome step towards reducing the gender pay gap? Does she also acknowledge that it is a measure that this Government are introducing and that hers did not?

[Kate Green]

I must correct the hon. Gentleman: it was a Labour Government who left that measure on the statute book. It took Conservative-led Governments another five and a half years to put that into action. Even now, what is being put into action is insufficient. It does not, for example, provide for a full breakdown of grades and job roles, so there is more to do. Of course it is a welcome measure, and we are proud to have brought it forward, but I hope the Government will not rest on their laurels and will be prepared to go further.