Baroness Smith of Llanfaes
Main Page: Baroness Smith of Llanfaes (Plaid Cymru - Life peer)Department Debates - View all Baroness Smith of Llanfaes's debates with the HM Treasury
(3 days, 15 hours ago)
Lords ChamberMy Lords, £35,000 is broadly equivalent to average earnings. It means that 9 million pensioners will now benefit from this. That is roughly three-quarters of pensioners.
My Lords, last week the Intergenerational Foundation released a report that found that the public spending gap between children and pensioners has widened by 170%. That means that in 2023-24 pensioners received around £31,000, in comparison to children at £18,000. The winter fuel allowance has meant that there are fewer pensioners in poverty, and that is a good thing, but when we look at child poverty stats, they are almost double those of pensioners in poverty. Will His Majesty’s Government review abolishing the child benefit cap?
I am grateful to the noble Baroness for her question, and I absolutely share her commitment to tackle child poverty in this country. We have made initial steps with the free school meals policy that the Prime Minister and the Secretary of State for Education set out last week. I hope that the spending review will have more to say on that subject, and on the child poverty strategy published alongside the Budget.