Women and the Cost of Living

Debate between Tessa Munt and Lilian Greenwood

Tuesday 19th November 2013 Commons Chamber

[Tessa Munt]

I could not disagree more. The most important thing is that we raise the tax threshold so that those women who are working get the benefit of keeping the money they earn.

[Lilian Greenwood]

Will the hon. Lady give way?

[Tessa Munt]

I am going to continue.

We are creating more jobs for women, which is the best way of helping them with the cost of living. There are 427,000 more women in employment and almost 100,000 more women in self-employment since 2010.

We have helped create more than 1 million apprenticeships, of which more than half have been taken by women. We are taking steps to narrow inequality in the labour market. The proportion of female FTSE 100 directorships has increased by 50% since February 2011, and the gender pay gap has fallen from 20.2% in 2011 to 19.7% in 2012. That is small but undeniable progress.

The Liberal Democrat pensions Minister has helped women by introducing a new single-tier pension. Under the existing system, many women have lost out because the years they spent raising children were not properly counted towards their national insurance contributions. Under our scheme, those years will now count in full. That is so much fairer for women, who currently receive, on average, £40 less than men from their state pension.

We have helped drivers and consumers by freezing Labour’s fuel duty escalator for 41 months. At present, this is saving the average motorist about £7 every time she fills her tank, and it is likely to save her £10 a time by 2015. In my area, where there is little or no public transport, and in most rural areas in general, that, of course, directly affects women who spend a lot of their time needing to use a car, particularly to transport elderly parents or younger children around.

The Lib Dem policy of free child care has started to assist families of about 130,000 two-year-olds to become eligible for an early education place. As well as helping to improve living standards, our scheme will transform children’s life chances. The Deputy Prime Minister has announced that the scheme will double in size from September 2014. We recognise that looking at child care can be key to building a stronger economy.