Oral Answers to Questions

Karen Buck Excerpts

Monday 21st March 2022 Commons Chamber

[David Rutley]

With a record 1.3 million vacancies in the UK, our top priority needs to be to get people into work. We have the household support fund to help people who have vulnerabilities in their lives. That has played a very important role, with £500 million.

[Ms Karen Buck (Westminster North) (Lab)]

The new report from the centre-right Centre for Social Justice is about the latest scourge to hit the desperate and the destitute: illegal money lending. Over a million people have been driven into the arms of illegal money lenders. The report—by the Centre for Social Justice, not the Labour party—states:

“We can expect this to get worse. The emergent cost-of-living crisis casts a looming shadow of financial anxiety.”

It adds that

“pressures on household budgets, low financial resilience and increasingly limited credit options”

are creating “a perfect storm”, driving people “towards exploitation”. Given soaring inflation and falling real living standards, does the Minister expect that there will be more or fewer people in destitution this year?

[David Rutley]

We work hard to ensure that people receive the money they need and we also work hard to ensure people get into work. As far as people needing debt management advice, we can do that through our jobcentres. The Under-Secretary of State for Work and Pensions, my hon. Friend the Member for Hexham (Guy Opperman), also does a huge amount of work in this area to provide the right sort of advice on money and pensions.