Finance (No. 3) Bill Debate

Full Debate: Read Full Debate
Department: HM Treasury
3rd reading: House of Commons & Report stage: House of Commons
Tuesday 8th January 2019

(5 years, 7 months ago)

Commons Chamber
Read Full debate Finance Act 2019 View all Finance Act 2019 Debates Read Hansard Text Read Debate Ministerial Extracts Amendment Paper: Consideration of Bill Amendments as at 8 January 2019 - (8 Jan 2019)
We believe that new clause 1 will highlight the Government’s total inaction on the devastating social crisis that their austerity has brought about. It would force the Government to stare the horrors of UK poverty in the face and review their policies in the light of the very real threat of a major reversal in the prospects of children across this country. Let us not forget that it was this Government who scrapped the child poverty targets that helped the last Labour Government to make enormous progress towards ending child poverty once and for all. That has been reversed by the Tories. They promised a life chances strategy to replace the targets, but sadly that has been pushed on to the Prime Minister’s scrapheap.
Jim Cunningham Portrait Mr Jim Cunningham (Coventry South) (Lab)
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Did my hon. Friend notice yesterday that the Government are beginning to backtrack on universal credit? Although they say they will introduce it for 10,000 people, in essence they are backtracking. He may also have noticed the announcement today by an independent organisation that we need to build something like 3 million social houses, not in the private sector, over a 10-year period. Does he agree that that should be looked at and done through council housing?

Peter Dowd Portrait Peter Dowd
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My hon. Friend is right, and the reality is that we are not going to get it from the Conservative party—it is as simple as that. It seems incapable of doing anything that is in any way constructive for the social fabric of our country.

The Government now pick and choose whichever target provides cover for their devastating treatment of children across the UK, including—when it suits them—using the very targets that they themselves scrapped. That is why new clause 1 is so important. The Government can no longer be allowed to ignore the plight of millions of children across the country.

The statistics do not lie. They show quite clearly that, prior to the Conservative Government coming to power in 2010 with their Liberal Democrat partners, child poverty in the UK was falling. The new Social Metrics Commission, which draws on the widest possible set of poverty measures, states concretely that there are now half a million more children living in relative poverty than there were just five years ago. The whole country knows that austerity is to blame, and we all know who introduced austerity—it was the Government.

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Peter Dowd Portrait Peter Dowd
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The hon. Gentleman knows that I am not saying that. He can twist his party’s policies if he wants, but he should not twist Labour’s policies.

Jim Cunningham Portrait Mr Jim Cunningham
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We should remind those on the Government Benches that the crash, if we want to call it that, actually started in America with the Lehman Brothers and that the Obama Administration pumped $80 billion into the motorcar industry. The rest is history, as we say.