(8 years, 8 months ago)
Commons ChamberHearing the hon. Lady talk about the Labour party and financial regulation is like hearing that Herod should have been a bit kinder to the first-born. Perhaps I will give her another go. Does she not accept that her right hon. Friend the Member for Doncaster North (Edward Miliband) failed back at the election? Did not the Labour party borrow too much and spend too much, and as a result Britain, when faced with that international financial difficulty, was in a very precarious place?
Order. Before the hon. Lady answers, I remind Members of the topic of the debate, because we seem to be wandering a million miles from it. The shadow Minister might wish to answer the hon. Gentleman’s question, but she is perfectly entitled to choose not to do so.
I am certainly not frit, Madam Deputy Speaker, because what I know from my constituency, as I think hon. Members across the House know from theirs, is that the investment we made in housing, hospitals, policing and schools benefited families and women. It grew the economy, created jobs and lifted 1 million children out of poverty, and I am proud of that record.
The Chancellor’s gender blindness is not confined to his fiscal decisions. The investment in infrastructure announced in the summer Budget and the autumn statement is of course welcome, but the investment in the social infrastructure that supports women to work, learn and care is sadly lacking. Where was the labour market strategy to help women prosper and progress in the workplace? I recognise—before hon. Members jump up to tell me—that there are more women in work, not least because the increase in the state pension age and inward migration means that there are more women of working age who must work, but women’s unemployment remains higher than pre-recession levels. For women over the age of 50 unemployment is 7% above the 2008 rate, and the Young Women’s Trust says that twice as many young women as young men are considered to be economically inactive.