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Proceeding contribution from Lord McCrea of Magherafelt and Cookstown (Democratic Unionist Party) in the House of Commons on Tuesday, 26 October 2010. It occurred during Debate on bill on Savings Accounts and Health in Pregnancy Grant Bill.


Savings Accounts and Health in Pregnancy Grant Bill

The hon. Member for Blackpool North and Cleveleys (Paul Maynard), who spoke on behalf of the coalition a short time ago, suggested that the best way to encourage savings was to have a piggy bank in the bedroom. With the greatest respect, when we think about the amount of money that the parents of many of those children will have to pay and how much less they will have to spend on their children, we have to ask: where will they get that money to put into the piggy bank, and will that not increase the divide in our society and penalise its poorest members?


Secondary information

Type
Proceeding contribution
Reference
517 c235-6 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
Children Children in care Child trust fund Grants Personal savings Low incomes Poverty Pregnancy Saving gateway
Legislation
Savings Accounts and Health in Pregnancy Grant Bill 2010-12
Link
View this Proceeding contribution on www.publications.parliament.uk