Question to the HM Treasury:

To ask the Chancellor of the Exchequer, when he plans to (a) implement the Statutory Debt Repayment Plan and (b) bring forward legislative proposals to compel all creditors that will benefit from Statutory Debt Repayment Plan to contribute towards funding it.

The breathing space scheme, including administration of Statutory Debt Repayment Plans (SDRPs), will be funded from a share of the money paid to all creditors who benefit from repayments through SDRPs. The government intends to implement the breathing space in early 2021 and the SDRP to a longer timetable.