UK Parliament / Open data

Welfare Benefits Up-rating Bill

I thank the hon. Gentleman, who has encapsulated what I said in my earlier intervention and what I am saying now. Yes, it is strange, and disappointing.

Let me say a few words about RPI and earnings. The right hon. Member for Ross, Skye and Lochaber (Mr Kennedy) and the hon. Member for St Ives (Andrew George) have tabled amendments on earnings that would improve the Bill, and I support them. However, we have a public sector pay freeze, and earnings growth right now is slow; people are experiencing falling living standards as energy bills and food prices rise faster than income. In the longer term, however, earnings are important. Since the second world war, the UK norm has been for earnings to rise faster than prices, with real wages rising in most years, driving living standards higher.

Type
Proceeding contribution
Reference
557 c72 
Session
2012-13
Chamber / Committee
House of Commons chamber
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