Housing Benefit (Under-occupancy Penalty)

Debate between Jacob Rees-Mogg and Steve Webb

Wednesday 27th February 2013 Commons Chamber

[Steve Webb]

I can assure the hon. Gentleman that the Secretary of State and I are of one mind on this issue. I will explain the context and origins of the policy, and the relevant context as to why we are seeking to take approximately £12 billion a year out of spending on social security.

[Jacob Rees-Mogg (North East Somerset) (Con)]

May I tell my hon. Friend that the people of North East Somerset are desperate to hear from him, are looking forward to hearing from him, and are glad that he is leading this debate?

[Steve Webb]

I am very grateful to my hon. Friend.

Before we go into detail about the ending of the spare room subsidy, it is worth providing a little more detail about the fiscal context in which this measure is being taken. In the final year of the Labour Government, borrowing was £150 billion a year. This measure saves £500,000 a year, so if we were trying to fill Labour’s deficit by measures of this sort, we would need 300 such measures to tackle that scale of borrowing. I expected the hon. Member for Banff and Buchan (Dr Whiteford), who opened the debate, to suggest alternative sources of revenue not just for this measure, but for every single welfare spending reduction that she has opposed—all £12 billion of it.

State Pension Reform

Debate between Jacob Rees-Mogg and Steve Webb

Monday 4th April 2011 Commons Chamber

[Jacob Rees-Mogg (North East Somerset) (Con)]

What the Minister has announced will be enormously welcome in my constituency. I know from correspondence with my constituents that they will be particularly interested in the raising of the state pension age, because they want a degree of certainty about when they can expect to retire. I urge the Minister to provide that certainty as rapidly as possible.

[Steve Webb]

As my hon. Friend says, people want certainty about the future. We have said that we must move rapidly in respect of those reaching the age of 66. However, the new mechanism is designed not just to make changes more automatic, but to provide notice periods. Young people will not have that certainty, because life expectancy is always changing, but as people approach the state pension age, we want to be able to give them more certainty. That is part of our plans.