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Income Inequality - Question

Part of the debate – in the House of Lords at 3:00 pm on 31st January 2018.

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Photo of Lord Taylor of Holbeach Lord Taylor of Holbeach Captain of the Honourable Corps of Gentlemen-at-Arms (HM Household) (Chief Whip, House of Lords), Deputy Chairman of Committees 3:00 pm, 31st January 2018

My Lords, to improve the living standards of squeezed households in the short term, the Government will boost incomes for the low-paid, increasing the national living wage and the personal allowance. To help to reduce the cost of living, we are freezing fuel duty and childcare and tackling housing costs. The core of the problem lies in our low productivity as a country, and we have to try to tackle this problem in both ways.