(1 year, 5 months ago)
Commons ChamberI will in a second. I am aware of the hon. Gentleman and I will give way once I have made some progress.
The £2 billion household support fund was created to support vulnerable families across the whole UK. From 1 April this year, the national living wage increased by 9.7% to £10.42 an hour for workers aged 23 and over. It was previously for workers aged 24 and over. That represents an increase of over £1,600 to the annual earnings of a full-time worker on the national living wage and is expected to benefit over 2 million low-paid workers right across the country.
I want to make some progress and get through this massive long list of improvements that people will experience as a result of this United Kingdom Government. The 80p cut to the taper rate and the £500 increase in the work allowance represent a combined tax cut that will next year be worth £2.2 billion, or an extra £1,000 per person, for 2 million low-income families.