Greg Hands M.P. has welcomed the Government’s plans to introduce a single-tier state pension, bringing pensions fairness to women and a simpler system to all.The Government believes that people deserve dignity and respect in old age, and to be given the support they need. It has delivered the biggest ever rise in the basic state pension, is simplifying the state pension and is also introducing auto-enrolment pension schemes in the workplace.
Since the financial crisis hit, most benefit levels have risen twice as fast as average earnings. Next week, M.P.s will vote on the final stages of Welfare Benefits Up-Rating Bill, which limits the amount that working-age benefits can rise.
Greg Hands M.P. has welcomed new plans to set up a Traineeship programme for young people.The plans announced by the Skills Minister, Matthew Hancock, will provide young people aged 16 to 24 with tailored support to develop the skills they need to secure apprenticeships and employment. For those aged 16 to 19, the Traineeships would fit within broader study programmes.
The Prime Minister has announced a £30 million boost to Start-Up Loans, which will help create thousands of new businesses and help young people find jobs.New figures show that in the first three months of the scheme, over £1.5 million worth of loans have already been approved, helping nearly 500 new businesses get off the ground. London has received 34 per cent of the loans awarded so far.
New research has revealed that Conservatives in Government are cutting income tax for 41,366 people in Chelsea & Fulham in 2013. In fact, this April, the Government will lift a further 1,708 local people out of tax altogether.
This week, the cancellation of Labour’s fuel duty rise was put into law. It follows George Osborne’s announcement that the Government would cancel the rise scheduled for January 2013. This keeps fuel 10p cheaper than it would have been under Labour’s duty escalator and saves the typical motorist £40.
More information from the 2011 Census was published this week, with data provided by local authority areas for the first time. Both Hammersmith & Fulham and Kensington & Chelsea have seen significant changes in the ten years since the last census
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