division_name: Opposition Day &#8212; [10th Allotted Day] &#8212; The Economy
motion: <p class="" pid="a.694.3/1" pwmotiontext="yes">I beg to move,</p>
  
  <p class="" pid="a.694.3/2" pwmotiontext="yes">That this House believes that the Government has failed to deliver on its commitment to stand up for working people; notes that the Government&#8217;s existing plans to cut tax credits will cost more than three million working families an average of &#163;1,300 a year from next April; further notes that 4.1 million children now live in absolute poverty, an increase of 500,000 since 2009-10; notes that in 2014 the UK&#8217;s current account deficit reached the highest level ever recorded, at 5.1 per cent; notes that 85 per cent of the money saved from tax and benefit changes in the last Parliament came from women; further believes that the Government has failed to deliver the more sustainable economy the country needs; notes that, rather than investing in building new homes to cut housing benefit costs, housing investment has been slashed and housing benefit has risen by over &#163;2 billion a year in real terms; notes that the gap between UK productivity per hour worked and the rest of the G7 grew to 20 percentage points in 2014, the widest productivity gap since 1991; believes that further deep cuts to the budget of the Department for Business, Innovation and Skills could damage the Government&#8217;s ability to boost innovation and productivity and could restrict opportunities for British businesses and workers to succeed in the global economy; calls on the Government to reverse fully and fairly its plans to cut tax credits from next April; and further calls for the Government to invest in growing a more productive economy with a focus on science, technology and green jobs to equip Britain for the future and share more fairly the proceeds of growth.</p>
  
  <p class="italic" pid="a.738.2/1" pwmotiontext="yes">Question put.</p>
  
  <p class="italic" pid="a.738.2/2" pwmotiontext="yes">The House divided:</p>
  
  <p pid="a.738.2/3" pwmotiontext="yes">Ayes 249, Noes 298.</p>