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To ask the Chancellor of the Exchequer, what assessment his Department has made of the (a) impact of the (i) Spring Statement 2022 and (ii) October Budget 2021 and (b) combined impact of those fiscal events on (A) women, (B) Black, Asian and minority ethnic people, (C) disabled people, (D)...
To ask the Chancellor of the Exchequer, what assessment his Department has made of the (a) impact of the (i) Spring Statement 2022 and (ii) October Budget 2021 and (b) combined impact of those fiscal events on (A) women, (B) Black, Asian and minority ethnic people, (C) disabled people, (D)...
The Treasury carefully considers the impact of its decisions on those sharing protected characteristics, including at Spring Statement 2022 and Autumn Budget 2021 and other fiscal events, in line with both its legal obligations and with its strong commitment to promoting fairness.
Those with protected characteristics are amongst those who are benefitting from the actions taken at the Spring Statement 2022 and Autumn Budget 2021. These include increases in the National Living Wage (NLW) to £9.50 an hour for workers aged 23 and over, which will benefit women, people with disabilities and individuals from some ethnic minority backgrounds, who are more likely to be on the NLW.
Women and the LGBT community are disproportionately affected by domestic abuse and sexual violence and are being supported by increased funding announced at Autumn Budget 2021 for victim support services, including Independent Sexual and Domestic Violence Advisors.
Spending Review 2021 also announced an enhanced offer for workers aged 50 and over to ensure that older workers receive the support they need to remain in or return to work and benefit from fuller working lives.
Thank you, Mr Speaker. First, may I associate myself with the warm and supportive remarks made from all across this House to the hon. Member for Bridgend?
Women are bearing the brunt of the Conservative cost of living crisis. At the sharp end, as the Women’s Budget Group has said, they are the “shock absorbers” of poverty, cutting essentials for themselves so that their kids do not go without. So will the Minister inform the House as to what assessment her Government have made of the financial impact of the Chancellor’s autumn Budget last year and his spring statement last week?
Thank you, Mr Speaker. First, may I associate myself with the warm and supportive remarks made from all across this House to the hon. Member for Bridgend?
Women are bearing the brunt of the Conservative cost of living crisis. At the sharp end, as the Women’s Budget Group has said, they are the “shock absorbers” of poverty, cutting essentials for themselves so that their kids do not go without. So will the Minister inform the House as to what assessment her Government have made of the financial impact of the Chancellor’s autumn Budget last year and his spring statement last week?
The Treasury looks at all impacts in the round, and the financial statement the Chancellor announced last week would have had an equalities impact assessment, which would have taken into account all the various measures and their impact, based on protected characteristics.
In practice, it is disappointing that it did not include that analysis and the Minister does not appear aware of the impact of her Government’s
policies on women. I can enlighten her: put together, the 2021 autumn Budget and the 2022 spring statement take £28 billion from the pockets of women over the next six years. That is £1,000 for every woman in the country. So why is her Government still refusing to impose a windfall tax to reduce bills for everyone and provide up to £600 for the households who need it, many of them run by women?
In practice, it is disappointing that it did not include that analysis and the Minister does not appear aware of the impact of her Government’s
policies on women. I can enlighten her: put together, the 2021 autumn Budget and the 2022 spring statement take £28 billion from the pockets of women over the next six years. That is £1,000 for every woman in the country. So why is her Government still refusing to impose a windfall tax to reduce bills for everyone and provide up to £600 for the households who need it, many of them run by women?
I simply do not recognise the figures that the hon. Lady is putting forward; it is not right to say that we are taking money out of the pockets of women. We have put forward a spring statement and a financial package that is looking after the interests of everyone in this country, because we look after people irrespective of their sex, gender, race; we look at people based on socioeconomic characteristics in particular and those who are most vulnerable or disadvantaged.