Economic and Social Inequality

Lord Hylton Excerpts

Thursday 18th June 2015 Lords Chamber

[Lord Ashton of Hyde]

My Lords, I do not agree with the noble Lord. Income inequality in the UK has actually come down, and this is reflected in household incomes since 2007-08. The annual average disposable income of the poorest fifth of households has risen by £100 in real terms, while over the same period the largest fall has been in income for the richest fifth of households, which has reduced by £3,000 per year. The way to address inequalities, both social and economic, is to get people into work so that they can reap the benefits of full employment.

[Lord Hylton (CB)]

My Lords, does the Minister agree that much social inequality is caused by the acute shortage of affordable housing? Will the Government put their fullest energy into bringing forward surplus government and local authority land and brownfield sites so that the gap in provision of new affordable housing can be met?

[Lord Ashton of Hyde]

My Lords, housing is of course extremely important. The effect on low-income families for housing is particularly acute so, as we all know, the Government are working on this. But the most important thing is that people in whatever kind of housing it may be are able to work and produce benefits for their families.