HC Deb 11 January 1996 vol 269 cc302-3W
Mr. Betts

To ask the Chancellor of the Exchequer what assessment he has made of the effect of the Budget on the poorest 10 per cent. of the population. [7101]

Mr. Jack

All income tax payers will gain from income tax cuts in the Budget. Pensioners and others on low incomes will gain from rising benefits, mostly uprated by 3.9 per cent. from April, or 3 per cent. for income-related benefits. All households stand to gain from our sound economic policies, which have already cut unemployment by over 700,000 since 1992.