Oral Answers to Questions

Wes Streeting Excerpts

Monday 7th September 2015 Commons Chamber

[Mr Duncan Smith]

Absolutely. I recognise the huge and vital contribution made by firms such as GO4 Enterprises, delivering huge change in Essex. My Department is instrumental in growing social investment via the £30 million innovation fund I set up, and we will continue to chase and improve those targets.

[Wes Streeting (Ilford North) (Lab)]

T4. How can the Secretary of State claim, as he did this afternoon, that no one has lost out from the roll-out of universal credit, when the taxpayer has lost out to the tune of £140 million because of the botched roll-out of the IT systems?

[Mr Duncan Smith]

Actually, that has not happened. Taxpayers have not lost money. What we have done is to go on rolling out a system, and unlike what happened when tax credits were rolled out under the last Labour Government and hundreds of thousands of people lost money, nobody is losing money as universal credit rolls out.