Income Inequality

Lord Davies of Oldham Excerpts

Wednesday 31st January 2018 Lords Chamber

[Lord Davies of Oldham (Lab)]

My Lords, the Minister invites us to look into his crystal ball, but we can look at the book. How does he explain the fact that, over the last 10 years, wages have not risen for the average worker—something which has not happened since Napoleonic times? How does he explain that the Social Mobility Commission, with the valuable work that it was doing, has resigned en bloc because of government failure to implement its proposals? The Minister has a case to respond to.

[Lord Taylor of Holbeach]

My Lords, we are advertising for replacements for the Social Mobility Commission, but I come back to what I said earlier: wages for the lowest-paid have risen by 7% in real terms since 2015. That is the way to deal with poverty and, indeed, with social mobility.