23 NOV 2016

Karen Lumley MP welcomes Autumn Statement

Today's (23 November 2016) first Autumn Statement from Chancellor Phillip Hammond has been welcomed by Redditch County MP Karen Lumley who applauded the Government's priorities for 'just managing families'.

In his Statement the Chancellor announced a number of measures designed to help those struggling to make ends meet. These include banning up-front letting fees, a fair taper rate for Universal Credit, investment in infrastructure and increasing the National Living Wage to £7.50. With these policies the Government aims to help those who are just about managing, stimulate construction and housing markets and balance the books.

Karen said: "I am pleased to be working with a Government that is prioritising the most in need. The crackdown on letting agent fees will mean millions of families are able to save hundreds of pounds. I am also pleased to welcome a fair taper rate for Universal Credit. I have listened to a number of constituents reach out to me on this issue, so the Chancellor has made me very happy today."

The rise in National Living Wage will make a substantial difference to many of those working in Redditch. Karen comments: "Redditch residents deserve a pay rise and I know this will make a huge difference to families and residents across the town. The changes will mean a full-time worker on the Living Wage will be £500 a year better off!

"The Government has delivered record employment figures, a robust and growing economy and now I will work with the Government to ensure it delivers for Redditch. Today's Autumn Statement is good news for business, good news for families and good news for Redditch," Karen added.

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