(3 weeks, 1 day ago)
Commons ChamberI remember extremely well when the right hon. Lady was a Minister in the Department—it was very striking how the disability employment gap, which had been falling up until 2010, suddenly stopped falling and plateaued from that moment on. We will deliver a decisive shift to early intervention, helping people to stay in work, and renew fairness and trust in the system. We will provide personalised support so that those who can work can get the jobs that they want.
The introduction of universal credit and the policy choices of the last Conservative Government seem to have had some effect on people’s propensity to be in work. In January, the Department for Work and Pensions published data showing that of the increase in the incapacity benefits caseload since the 2018 universal credit roll-out, 30% of the rise in claims could be explained by foreseeable demographic change and the effect of the structural alterations to the benefit. That leaves 70% of the increase that we do not have data to explain, but the Office for Budget Responsibility and others have drawn attention to the structure of social security and the changes over the past decade. On publishing the analysis I just mentioned, I told the House that the previous Conservative Government took decisions on social security that
“segregated people away from work and forgot about them.”—[Official Report, 29 January 2025; Vol. 761, c. 366.]
I stand by those comments.
The people of Spelthorne are very hard-working and do not mind their taxes being paid for a safety net for the most vulnerable in our society, but they really do get annoyed when they see their taxes going to people who are scamming the benefits system. What assessment have any of the Ministers on the Front Bench made of so-called sickfluencer sites—social media platforms where people are shown how to game the benefits system? Have any of them looked at those sites? Are they a good or bad thing?
The hon. Gentleman will know that the Public Authorities (Fraud, Error and Recovery) Bill is going through the House at the moment. The issue that he has raised is at the forefront of the attention of the Minister for Transformation, my hon. Friend the Member for Stretford and Urmston (Andrew Western), who will take every step he can to deal with issues in that area.
(2 months ago)
Commons ChamberI think my hon. Friend will greatly welcome the youth guarantee announced in the “Get Britain Working” White Paper. We want to ensure that every single young person gets the same chance. We have seen a dreadful increase in the number of NEET young people over the past few years, and we are getting to grips with that and tackling it.
The Government are looking across the piece at how the important work of our regulators supports economic growth, and the Pensions Regulator, which oversees the third largest pension system in the world, is no exception to that.
The then pensions Minister, Guy Opperman, said that green-lighting defined benefit pension superfunds was his greatest achievement of lockdown. The unelected Governor of the Bank of England then unhelpfully intervened and said that superfunds would be a risk to financial stability, and as a result the Pensions Regulator has authorised only one pension superfund to come into existence. Can the Minister be a little more specific and tell us what exactly he is going to get the Pensions Regulator to do differently in order to support the growth mission?
That is an important question. The Pensions Regulator does recognise its important role in supporting growth; indeed, it has statutory duties not just to protect savers but to minimise the impact on the growth of employers. Superfunds have an important role to play in ensuring that we have larger pension funds that are able to invest in a wider range of assets. As the hon. Gentleman says, on an interim basis the Pensions Regulator has authorised one such fund, but we will take measures in the pension schemes Bill to make further progress in this regard.