Cost of Living Increase: Impact on Households

Part of Treasury – in the House of Commons on 15th March 2022.

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Photo of Rishi Sunak Rishi Sunak The Chancellor of the Exchequer

The hon. Lady talks about children in poverty, and I am pleased that there are now 300,000 fewer children in poverty than in 2010 thanks to the actions of Conservative-led Governments. We all know that the best way to ensure the children do not grow up in poverty is to ensure that they grow up in a house where people work, and that is why I was delighted this morning to learn that there are record numbers of people on payroll.