The Economy and Living Standards Debate

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Department: HM Treasury

The Economy and Living Standards

Yasmin Qureshi Excerpts
Thursday 12th June 2014

(10 years, 5 months ago)

Commons Chamber
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Yasmin Qureshi Portrait Yasmin Qureshi (Bolton South East) (Lab)
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The Gracious Speech represents a missed opportunity. We missed the opportunity to carry out a number of good things to revive our economy and give our people a good standard of living and the conditions they deserve, and that, as we all accept, is something that concerns the country at large.

I would have liked to see at least four things in the Gracious Speech. The first relates to jobs. It is important that people are secure in their jobs and properly remunerated, yet nothing has been done on zero- hours contracts, which are being abused by many unscrupulous employers. At the same time, despite the Government’s promises, the issue of the minimum wage has not been addressed. I know that the next Labour Government will confront that matter and raise the amount.

Labour has also pledged to work with the private and voluntary sectors to ensure that there is a paid job for every 18 to 24-year-old who has been claiming jobseeker’s allowance for the past 12 months or more, and for every adult over the age of 25 who has been claiming JSA for more than 24 months. That policy has been costed at £1.9 billion. Once we instigate it, it will lead to savings on other benefits.

We know that people want to work, but some are not able to do so because of high child care costs. Labour says that, to help people to work, it will allow 24 hours’ free child care for three to four-year-olds and a guaranteed access to wraparound child care through primary school. There are now 578 fewer Sure Start children’s centres and 35,000 fewer child care places. That will be changed by a future Labour Government. We believe that support for child care will help people to get back into work.

Another important issue is housing. Everyone wants a decent home in which to live, and house-building is at its lowest level since the 1920s. The previous Labour Government spent £20 billion on repairing homes, and a future Labour Government will build at least 200,000 homes by 2030, creating 230,000 construction jobs. We will also ensure that local councils have “use it or lose it” powers over developers who hold on to land with planning permission and do not build homes on it. We will also establish a help-to-build guarantee scheme to increase access to finance for small builders.

Rising energy prices was another issue that was missing from the Gracious Speech. If Labour comes into power, we will freeze prices until 2017. All of the issues I have mentioned should be addressed.