Oral Answers to Questions
Debate between Anneliese Dodds and Claire Coutinho(2 years, 1 month ago)
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Claire Coutinho
I thank my hon. Friend for her impressive campaigning on this issue. I was privileged to be in the Chamber when she made some of her speeches about it this year. I will look into the matter and ensure that I write to her about it.
Anneliese Dodds (Oxford East) (Lab/Co-op)
Last month, the new Minister for Women and Equalities told investors in New York that the Government were going for growth in a big way. She said of that economic strategy:
“We know it is bold. We know it comes with risk. But in these volatile times, every option, even the status quo is risky.”
One month on from the catastrophic mini-Budget, will the Minister explain what impact going for growth had on women’s finances?
Claire Coutinho
We have provided lots of cost of living support for families and particularly for women. We will write to the hon. Lady further about the issue.
Anneliese Dodds
I am disappointed by that brief response, because today we have found from the latest statistics that women need more than 12 times the average annual salary to buy a home. Our average real-terms wages have plummeted by almost £600 a year since 2010. The Government have simply removed the possibility of home ownership for millions of women. In her speech last month, the Minister for Women and Equalities described the UK as “Europe’s unicorn factory”. Are not her Government Britain’s chaos factory, with working women paying the price through lower wages and lost mortgages?
Claire Coutinho
I completely dispute that characterisation of the Government. We have not only taken comprehensive steps to support people financially this year, targeting support at vulnerable households and families and putting in place an energy price cap, but increased the national living wage and changed the universal credit taper rate. We have taken a number of steps to help people with their finances and we will continue to do so.