Part of Oral Answers to Questions — Treasury – in the House of Commons at 11:30 am on 9 December 2014.
The Office for Budget Responsibility has forecast that individual unsecured debt will rise over the next five years by a staggering £360 billion, which is a record 55% of total household income. More people will be thrust into poverty and forced to go to food banks, and that will not be because more of them know about them or that poor people cannot cook. Does the Chief Secretary agree with the Chancellor that the best way to reduce his borrowing is to increase everyone else’s debts?