Question to the HM Treasury:

To ask the Chancellor of the Exchequer, how many responses his Department has received to its consultation on the Statutory Debt Repayment Plan.

The Government’s public consultation on draft regulations for the Statutory Debt Repayment Plan (SDRP) was launched on 13 May and will close on 5 August.

As of 18 July, the Government has received 5 formal responses to this consultation. However, this is highly unlikely to be representative of the total number of responses that will be received, as it is expected that many of those will be received closer to the deadline.

There has been significant interest in the consultation so far, from a wide range of stakeholders in the debt advice and consumer credit sectors, and the Government continues to engage closely with these stakeholders to support the development of the scheme.