Financial Inclusion/Family Budgets

Part of Oral Answers to Questions — Work and Pensions – in the House of Commons at 2:30 pm on 31st March 2014.

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Photo of Iain Duncan Smith Iain Duncan Smith The Secretary of State for Work and Pensions 2:30 pm, 31st March 2014

I am certainly prepared to discuss the matter with my hon. Friend if he wants to come and see me about it. I keep that area of the social fund under review, as he knows. We localised about £200 million of the social fund to councils so that they could deal with the problems people face directly. We also kept the remaining money, so a total of about £1 billion goes out to all sorts of things, such as funeral payments, support for loans and support for people in hardship. This is a big push by the present Government to help people ahead of payday lenders.