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Whether he has had recent discussions with the Secretary of State for Education on the potential merits of increasing student maintenance loans in line with actual rather than forecast levels of inflation.
Whether he has had recent discussions with the Secretary of State for Education on the potential merits of increasing student maintenance loans in line with actual rather than forecast levels of inflation.
Treasury Ministers meet regularly with Ministers at the Department for Education to discuss matters of shared interest, including student finance. The Government are considering options for changes to loans and grants for 2023-24, and an announcement will follow in due course.
The Institute for Fiscal Studies reports that the real value of maintenance loans is the lowest for seven years. Rents, which account for 45% of bills, are rising; food costs are rising; one in 10 students are using a food bank; and 80% say they cannot make ends meet. Why does the Minister not make his Christmas present a proper increase in the level of maintenance loans? Because it is a loan, he would not even have to pay for it.
The Institute for Fiscal Studies reports that the real value of maintenance loans is the lowest for seven years. Rents, which account for 45% of bills, are rising; food costs are rising; one in 10 students are using a food bank; and 80% say they cannot make ends meet. Why does the Minister not make his Christmas present a proper increase in the level of maintenance loans? Because it is a loan, he would not even have to pay for it.
I thank the hon. Gentleman for his question. I have a lot of respect for him and I recognise the issue that he refers to. Of course, many higher education providers have hardship funds that students can apply to, and there is £261 million—a quarter of a billion pounds—of student premium funding available this year to support disadvantaged students. On the specific issue of the uprating, of course there needs to be a delay to operationalise those additional sums. That is at the core of the issue. However, as I said, the Department for Education will report on the matter in due course.
To ask the Secretary of State for Work and Pensions, what assessment he has made of the potential merits of uprating benefits in line with inflation.
To ask the Secretary of State for Work and Pensions, what assessment he has made of the potential merits of uprating benefits in line with inflation.
The Secretary of State is conducting his statutory annual review of State Pension and benefit rates. The outcome of the review will be announced shortly.
To ask the Secretary of State for Education, whether she plans to uprate the maximum maintenance loan students can claim in line with inflation for the second semester of the 2022-23 academic year.
To ask the Secretary of State for Education, whether she plans to uprate the maximum maintenance loan students can claim in line with inflation for the second semester of the 2022-23 academic year.
Decisions on student support are taken on an annual basis.
The department is reviewing options for uprating maximum loans and grants for the 2023/24 academic year and an announcement will follow in the autumn.
Will the Minister admit that, if the Government do not increase the guarantee credit component of pension credit in line with inflation this year, they are effectively cutting the incomes of our poorest pensioners when they need help most?
Will the Minister admit that, if the Government do not increase the guarantee credit component of pension credit in line with inflation this year, they are effectively cutting the incomes of our poorest pensioners when they need help most?
We are absolutely committed to fairness and to helping the most vulnerable in our society—we are always committed to that—and I will not prejudge or anticipate measures in the medium-term fiscal plan this afternoon.
To ask the Secretary of State for Health and Social Care, what assessment he has made of the impact of inflation on nurses' pay; and whether the Government plans to take steps in response to that matter.
To ask the Secretary of State for Health and Social Care, what assessment he has made of the impact of inflation on nurses' pay; and whether the Government plans to take steps in response to that matter.
The Government is looking to the independent National Health Service Pay Review Bodies for a recommendation for NHS staff not in multi-year pay deals. The Bodies are comprised of industry experts which make recommendations based on an assessment of evidence from stakeholders, trade unions and the Government. This considers factors such as inflation and the economic context, recruitment and retention and the morale and motivation of NHS staff. As such, we expect the Pay Review Bodies to make an assessment of inflationary impacts.
To ask the Secretary of State for Education, what recent assessment he has made of the potential impact of projected inflation rates on real-terms funding for schools.
To ask the Secretary of State for Education, what recent assessment he has made of the potential impact of projected inflation rates on real-terms funding for schools.
This government continues to deliver year on year, real terms per pupil increases to school funding, with the total core school budget increasing to £56.8 billion by 2024/25, a £7 billion cash increase, compared with 2021/22.
Future increases in funding have been frontloaded to rapidly get money to schools, so that in 2022/23 alone core schools funding will increase by £4 billion compared to 2021/22. This means that the total funding allocated to schools and high needs will see a 7% cash terms per pupil boost in 2022/23, compared to 2021/22. As part of this investment, mainstream school funding for 5-16 year olds is increasing by £2.5 billion in 2022/23, compared to this year. This is equivalent to an average 5.8% cash increase per pupil.
More information on school revenue funding from 2010/2011 through to 2022/2023, including the department’s latest statistical release from January 2022, is available at: https://explore-education-statistics.service.gov.uk/find-statistics/school-funding-statistics.
To ask the Secretary of State for Transport, pursuant to the Answer of 13 September 2016 to Question 45695, on railways: fares, for what reason his Department uses the Retail Price Index as an index for inflation; and if he will consider using a different index for inflation.
To ask the Secretary of State for Transport, pursuant to the Answer of 13 September 2016 to Question 45695, on railways: fares, for what reason his Department uses the Retail Price Index as an index for inflation; and if he will consider using a different index for inflation.
The use of the Retail Price Index (RPI) is consistent with the general indexation approach adopted across the rail industry. The Office of Rail and Road uses RPI as the index for Network Rail’s revenues e.g. Track Access Charges. RPI is used widely across Government, including for index linked bonds, vehicle exercise duty, alcohol and tobacco duties, air passenger duty and climate change levies.
It is worth noting that the July 2016 figures for RPI (published on 14 September 2016) and average weekly earnings growth stood at 1.9% and 2.3%, respectively. Each July’s RPI figure is used to set regulated rail fares from January 2nd the following year. On this basis average earnings continue to remain ahead of allowable regulated rail fares increases.
To ask the Chancellor of the Exchequer what changes there were in (a) the retail prices index, (b) the consumer prices index, (c) fuel prices and (d) food prices in (i) 2010, (ii) 2011, (iii) 2012 and (iv) 2013 to date.
[158334]
To ask the Chancellor of the Exchequer what changes there were in (a) the retail prices index, (b) the consumer prices index, (c) fuel prices and (d) food prices in (i) 2010, (ii) 2011, (iii) 2012 and (iv) 2013 to date.
[158334]
The statistics are shown in the following table. Data on changes in prices are available to download from the website of the Office for National Statistics:
www.ons.gov.uk
| Annual
rate,
percentage | ||||
| 2010 | 2011 | 2012 | 20131 | |
| Retail
Prices Index
(RPI) | 4.6 | 5.2 | 3.2 | 3.2 |
| Consumer
Prices Index
(CPI) | 3.3 | 4.5 | 2.8 | 2.7 |
| Food
prices
(CPI) | 3.0 | 5.0 | 3.1 | 4.4 |
| Motor
fuel prices
(CPI) | 16.7 | 14.7 | 2.0 | -0.9 |
| 1
Average to
date. |