HC Deb 05 March 2001 vol 364 c68W
33. Dr. Cable

To ask the Secretary of State for Social Security what proposals he has to provide a greater incentive to save by those in receipt of, or on the threshold of, benefits. [150517]

Mr. Bayley

Investment in income-related benefits such as the Minimum Income Guarantee has provided the most effective and immediate way of tackling poverty. Modernising current systems through the development of tax credits and more tax-like assessments of benefits will provide a more efficient and simpler way of ensuring that people on low and modest incomes receive the security to which they are entitled.