Low Incomes: Wellingborough

(asked on 16th May 2024) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what steps he is taking to help support people on lower incomes in Wellingborough constituency.


Answered by
Nigel Huddleston Portrait
Nigel Huddleston
Financial Secretary (HM Treasury)
This question was answered on 23rd May 2024

Over the previous two years, this government has provided support to help households with the cost of living totalling over £90 billion.

For the coming year, the government has increased working age benefits by 6.7%; maintained the triple lock; raised Local Housing Allowance rates with an average gain of £800, extended the Household Support Fund and increased the National Living Wage by 9.8%. Further actions taken by the government in 2024-25 include: a rise in the National Living Wage (NLW) by 9.8% - ending low hourly pay for workers on the NLW, raising Local Housing Allowance to the 30th percentile of market rents, uprating working-age benefits by 6.7%, freezing fuel duty, removing Debt Relief Order fees, and doubling the Budgeting Advance Loan repayment period.

In rural parts of constituencies like Wellingborough, the government is also providing support through the £110m Rural England Prosperity Fund. This is being invested in projects which boost productivity and create rural job opportunities. This includes farm businesses looking to diversify by opening a farm shop, a wedding venue or tourism facilities or improvements to village halls, pubs and other rural hubs for community uses.

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