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Written question asked by Lord McCabe (Labour) on Wednesday, 15 May 2024, in the House of Commons. It was due for an answer on Friday, 17 May 2024. It was answered by Johnny Mercer (Conservative) on Thursday, 23 May 2024 on behalf of the Cabinet Office.


Veterans: Cost of Living

Question

To ask the Minister for the Cabinet Office, pursuant to the Answer of 17 April 2024, to Question 19773, on Veterans: Cost of Living, if he will make an assessment of the potential merits of increasing cost of living support for veterans.

Answer

This Government has successfully reduced inflation by more than half, which will make the cost of living more affordable for veterans along with every other resident in the UK.

Veterans’ employment is at an all-time high, with 89% of those leaving service finding employment within six months, but we're determined to go further. The recently launched OP PROSPER backed by £2.1million in government funding will support veterans and their families into valuable, fulfilling employment in roles which fully utilise their skills and capabilities, based in sectors at the forefront of innovation and economic growth.

This government also introduced, and continued for at least one further year at the Autumn statement, 12-month National Insurance relief to eligible employers recruiting veterans in their first civilian role after service.

My officials continue to drive forward efforts to ensure that veterans and their families are fully aware of the benefits and support available to them, including in relation to easing the Cost of Living.


Secondary information

Type
Written question
Reference
26337
Session
2023-24
Related items
Veterans: Cost of Living
Monday, 15 April 2024
Written questions
House of Commons
Subjects
Cost of living Veterans
Link
View this Written question on www.parliament.uk