Oral Answers to Questions

Debate between Damian Hinds and Suella Braverman

Monday 17th October 2016 Commons Chamber

[Suella Fernandes (Fareham) (Con)]

12. What steps he is taking to increase financial literacy and money management skills among people in receipt of benefits who are in debt.

[The Minister for Employment (Damian Hinds)]

We are committed to battling financial exclusion. Under universal credit, through universal support, we are working with partners to help claimants manage their finances and avoid debt.

[Suella Fernandes]

Sixteen million adults have less than £100 in savings, with younger adults, larger families and single parents most at risk of struggling with their personal finances. The all-party group on financial education for young people, which I chair, has, supported by Young Enterprise, concluded that people need better money management skills in life. What steps is my hon. Friend taking to increase financial education and money management skills for young people and those in receipt of benefits?

Oral Answers to Questions

Debate between Damian Hinds and Suella Braverman

Tuesday 27th October 2015 Commons Chamber

[Suella Fernandes (Fareham) (Con)]

Does the Minister agree that raising productivity is the route to raising living standards for everybody, and that this Government’s commitment to cutting corporation tax, our historically high investment in infrastructure and the planning reforms will all contribute to achieving that aim?

[Damian Hinds]

I agree with all that. It is rising productivity that underpins rising real wages and therefore improving living standards.