Business of the House

Part of the debate – in the House of Commons at 11:18 am on 30th January 2020.

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Photo of Chris Bryant Chris Bryant Labour, Rhondda 11:18 am, 30th January 2020

Wonga mis-sold millions- worth of debt to lots of very poor people up and down the country. It was forced to pay compensation to those people, but now, because the company has gone bust, the average amount of money that people are going to get is just 4.2% of that compensation. In other words, if they were meant to get £1,800, they are going to get £72. Surely that is unfair. Should not the Government set up a compensation scheme to meet the full figures now?