Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether his Department plans to introduce interim measures to protect buy-now-pay-later borrowers ahead of planned regulation of those products.

The Government’s consultation on proposed draft legislation to bring Buy-Now Pay-Later into regulation closed in April. Since then the Government has been carefully considering stakeholder feedback. The Government will publish a response to the consultation once it is finalised in due course.