Since water was privatised in 1989, household water bills have risen faster than the rate of inflation. On 19 December OFWAT announced an average increase in charges of 36 per cent above inflation over the next five years, with considerable variations between companies ranging from a 53 per cent increase for Southern Water customers to 21 per cent for customers of Northumbrian Water and Wessex Water. Across England and Wales, water bills will rise by an average of £123 a year from April.
I had an interesting meeting I wanted to tell you about. I had the opportunity to meet with the Minister for Employment and the Secretary of State for Education at 10 Downing Street.
A change is coming to child benefit. This Saturday, more families will become eligible as the earnings threshold at which you start losing child benefit increases. The government has finally recognised that ‘the way we treat child benefit in the tax system is confusing and unfair’ and proposed two changes to try to simplify it. It’s ironic that this confusion and unfairness was introduced by the government in the first place.
There was very little in this Budget for children and families living in poverty. The Chancellor said yesterday that this government does not pass on its bills to the next generation, but the 4.2 million children living in poverty today are the next generation. Child poverty is scarring, and the decisions taken yesterday will leave a legacy of cold homes, empty tummies and crumbling classrooms. We are in urgent need of a plan to tackle child poverty.
For almost fifteen years, the four million kids from poor families have been at the bottom of the pile and today is no different. This was a Budget all but blind to buckling family budgets and broken public services and will leave a legacy of crumbling classrooms, cold homes, and empty tummies.
Our pre-Budget briefing details how best to invest financial support in children to reduce child poverty and give every child the chance to fulfil their potential.