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777489

	registered interest
	date	25/10/2017
	answering body	Department for Work and Pensions
	answering dept id	29
	answering dept short name	Work and Pensions
	answering dept sort name	Work and Pensions
	hansard heading	Social Security Benefits
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask Her Majesty's Government what is their assessment of the impact of the changing cost of living on incomes, particularly for those in receipt of income-related benefits.
	tabling member printed	The Lord Bishop of Durham
	uin	HL2504
	answer	answer is ministerial correction date of answer 02/11/2017 answer text <p>The Office for Budget Responsibility (OBR) forecasts rates of inflation (through the Consumer Price Index) and average earnings known as the OBR Historical Official Forecasts database. A copy of this is attached.</p><p> </p><p>Using figures published in the OBR Historical Official Forecasts Database, we note that between 2018 and 2021 earnings growth is forecasted to be consistently higher than inflation.</p><p> </p><p>Our welfare reforms to working-age benefits are part of the Government’s commitment to incentivise work as the best route out of poverty and support working families. This includes the introduction of the National Living Wage and cutting income tax for over 30 million people. For those in a position to work, earnings provide the best opportunity for income progression. Further, benefits for the additional cost of disability and benefits for pensioners continue to be uprated, as we are committed to supporting the most vulnerable groups.</p> answering member printed Baroness Buscombe question first answered 02/11/2017 15:26:07 answering member 3349 label Biography information for Baroness Buscombe attachment 1 file name HL2504.xlsx title OBR Historical Official Forecasts Database
	tabling member	4312 label Biography information for The Lord Bishop of Durham

777488

	registered interest
	date	25/10/2017
	answering body	Department for Work and Pensions
	answering dept id	29
	answering dept short name	Work and Pensions
	answering dept sort name	Work and Pensions
	hansard heading	Social Security Benefits
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask Her Majesty's Government what is their assessment of the impact that the four-year freeze on income-related benefits will have on family budgets in England and Wales.
	tabling member printed	The Lord Bishop of Durham
	uin	HL2503
	answer	answer is ministerial correction date of answer 02/11/2017 answer text <p>The Welfare Reform and Work Act 2016 has frozen the majority of working-age benefits for four tax years, from 2016-17 to 2019-20. The analysis published at the time of the 2015 Budget assesses the impact of the measures in the Welfare Reform and Work Act 2016. 30 per cent of households were estimated to be impacted by the benefit rate freeze. The average notional loss was estimated to be £6 a week in 2019/20. This analysis does not take into account employment effects in response to our welfare reforms. I attach the analysis to this response.</p><p> </p> answering member printed Baroness Buscombe question first answered 02/11/2017 15:00:52 answering member 3349 label Biography information for Baroness Buscombe attachment 1 file name HL2503 Impact Assessment.pdf title Impact Assessment
	tabling member	4312 label Biography information for The Lord Bishop of Durham