Asked by: Sarah Owen (Labour - Luton North)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, if she will make an assessment of the potential impact of reducing child poverty on the economy.
Answered by James Murray - Chief Secretary to the Treasury
The Child Poverty Action Group estimate the cost to the country at £40bn per year, which is one of the reasons why the government is removing the two-child limit and lifting 550,000 children out of poverty in the final year of this Parliament.