Debts

(asked on 5th January 2018) - View Source

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, whether the Government's planned Breathing Space scheme will include a full 12-month freeze on interest, charges and debt collection activity.


Answered by
Steve Barclay Portrait
Steve Barclay
Secretary of State for Environment, Food and Rural Affairs
This question was answered on 11th January 2018

The Government committed in its manifesto to establish a breathing space for heavily indebted consumers which would freeze interest, charges and further enforcement action for up to six weeks.

The Government is committed to taking the proposals forward as per its manifesto commitment, and is actively consulting on the policy design with stakeholders.

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