Tonia Antoniazzi
Main Page: Tonia Antoniazzi (Labour - Gower)Department Debates - View all Tonia Antoniazzi's debates with the HM Treasury
(3 years, 6 months ago)
Commons ChamberI would say that it is a pleasure to follow the hon. Member for Grantham and Stamford (Gareth Davies), but I am not sure he has fully grasped the reality facing my constituents in Gower and undoubtedly many of his constituents as well. My office has been inundated with queries from people who are so worried about making ends meet, about the security of their homes and about losing their businesses— people who have worked hard for their families, who have worked hard during this crisis and who have worked hard to keep people safe.
Eleven years of ideologically driven Tory austerity has financially crippled so many people. It has driven them further and further into debt and has fuelled a rise in precarious employment. That is where we are. To truly build back better, we need to tackle the huge inequalities facing the country.
As this crisis has shown, it is always those just getting by who are most affected. Women, black, Asian and ethnic minority communities and single parents have been squeezed, many to breaking point. A new research report, “The Single Parent Debt Trap”, published by Gingerbread and StepChange, the UK’s leading debt charity, reveals that single parents are more likely to be living with problem debt, and shows that the covid-19 pandemic has acted as an accelerant for problem debt, exposing more single parents to poverty. They disproportionately experienced debt problems even prior to the covid-19 outbreak. Clearly, the £20 uplift has been vital, but single parents are facing particular difficulty with aspects of universal credit, such as payment of childcare in arrears and unaffordable benefit reductions.
There were more than 50 recommendations in a recent report from the all-party parliamentary group on universal credit, which was produced for Parliament. Have the Government actually considered the report? Do they have any intention of reforming universal credit, so that it is fit for purpose in a post-pandemic Britain? The report draws out how single parents are having to turn to credit, often high-cost credit, for example at the start of the school year, or at other high-cost times, such as Christmas—as a single mother, I remember it well.
What are the Government doing to strengthen the financial resilience of families and to give single parents better credit options, such as affordable credit, no-interest loans and a fairer credit scoring system, so that they can go to work and not turn to loan sharks and high-interest payday loans? There are a lot of fears about what happens to single parents and other groups. What are the Government doing to make sure that the unwinding of protections does not turn out badly, not just for single parents stuck in debt, but for the wider economy?