Baroness Bennett of Manor Castle (GP)

My Lords, I am going to be slightly unconventional and start with the last amendment in this group, Amendment 183A, in the name of the right reverend Prelate the Bishop of Manchester. I think it is so important that it does not get buried in this rather large and diverse group. This amendment seeks to deliver what was, in essence, in the right reverend Prelate’s Private Member’s Bill, which we debated a few months ago, and which I spoke in favour of. It sought to ensure that the universal credit regulations are amended so that care leavers turning 18 receive the same level of universal credit as anyone receives at the age of 25. I think it was the noble Baroness, Lady Tyler, who said that these are young people who have no access to the bank of mum and dad and no cushion. We are expecting them to live on a level of universal credit that is not reflective of what other people who have more support—not necessarily, but probably—live on. This is a modest measure. As I said at Second Reading, it is a humane, constructive and practical step. Although this should not be the reason for it, it is very clear that it would end up saving the state money by ensuring people have a little more support and do not fall a very long way through the cracks, as the statistics show they very often do. At the Second Reading of that Bill, I spoke about the wonderful scheme in Wales that has been trialling universal basic income for care leaves, set at a quite decent level. One of the interesting things was that the only condition put on those care leavers was that they had to take one session of financial education. This is where I come back to Amendment 95, from the noble Baroness Tyler, to which I have attached my name. I have heard anecdotal reports—we have not had the written reports from the UBI trials yet—that one of the offers was that care leavers could take more financial education sessions, in acknowledgement that they had a significant amount of money available to them. Virtually every person in the scheme took the extra financial education. It might seem a bit specialised to have this in an amendment, but it is such an important factor. I point to the fact that this is a broader issue. Care leavers are obviously people who particularly need financial education, but I note that, last year, the Financial Times Christmas appeal was to raise money to give British young people financial education. That is an indictment of the failure across the whole system to educate young people. It is very clear that care leavers are people who particularly need it, deserve to get it and can hugely benefit from it.