VerbatimParliament, as it happens

Standard of Living: Low Incomes

Asked by Liam ConlonLabourTreasuryTabled Answered 22 January 2025UIN 23976

The question

To ask the Chancellor of the Exchequer, what steps she has taken to help improve living standards for low-paid workers.

Answered by James Murray

The Government has set out a Plan for Change, outlining our ambitious yet achievable milestones, including raising living standards in every part of the United Kingdom to ensure working people have more money in their pockets and delivering the highest sustained economic growth in the G7.

Specific actions already taken by the Government to support low paid workers include: increasing to the National Living Wage from April 2025; extending the Household Support Fund and Discretionary Housing Payments in England and Wales in 2025-26; and introducing a new Fair Repayment Rate from April 2025 to cap debt repayments made through Universal Credit.

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