Proceeding contribution from Lord Freud (Conservative) in the House of Lords on Wednesday, 23 November 2011. It occurred during Debate on bill and Committee proceeding on Welfare Reform Bill.
Welfare Reform Bill
I would like to. I have people working on this and we are beginning to think quite differently about how these issues can be addressed—what is universal credit, what is a banking product and where is the join. We must not forget that, at a simple level, a universal credit is a payment stream with budgeting advances. It does not take a lot of imagination to see how it could join up with a more formal banking product and we have to work out where the line is drawn. Turning to Amendment 102B, I appreciate that the intention behind it is to demonstrate that the taper can be applied to individual elements within the overall universal credit award so that payment of— Sitting suspended for a Division in the House.
Secondary information
- Type
- Proceeding contribution
- Reference
- 732 c438GC
- Session
- 2010-12
- Chamber / Committee
- House of Lords Grand Committee
- Subjects
- Children Benefits rules Women Housing benefit Jobseeker's allowance Income support Overpayments Offenders Maintenance Payments Prisoners Social security benefits Repayments Employment and support allowance Universal credit
- Legislation
- Welfare Reform Bill 2010-12
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- 2023-12-15 20:50:36 +0000
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