Amendment of the Law

Debate between Vince Cable and Tobias Ellwood

Thursday 20th March 2014 Commons Chamber

[Vince Cable]

I listened carefully to what was said, and I thought that there was an acknowledgement of the position of the people on the top-rate threshold. This is a modest increase, but there is a recognition that marginal rates of tax are beginning to bite on middle earners, and I think that that issue is now being addressed.

[Mr Ellwood]

My right hon. Friend has alluded to the important point that the figures for long-term youth unemployment—which was mentioned by the shadow Chancellor—include young people who are engaged in full-time study. Perhaps he will join me in congratulating Bournemouth, where Arts University Bournemouth, Bournemouth university and the Bournemouth and Poole college have doubled in size. Because of that, the figures suggest that long-term youth unemployment has indeed increased, which is not the case.

[Vince Cable]

I believe that about a third of the total number who are classified as “youth unemployed” are, in fact, engaged in full-time study. One of the big changes for which the coalition Government should take credit is the continued expansion in higher education: despite all the doomsday predictions from Opposition Members about the radical higher education reforms, the number of people going into higher education, particularly those from disadvantaged backgrounds, has risen.