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Topical Questions

Part of Treasury – in the House of Commons on 11th February 2020.

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Photo of Sajid Javid Sajid Javid The Chancellor of the Exchequer

I remember that not long ago the shadow Chancellor stood here and said that he wanted to be known as the “people’s Chancellor”. I think the people had a very different idea, however. On his question about high-cost credit, when I was last in the Treasury as Economic Secretary, that was the first time that any Government had introduced proper regulation around high-cost credit. This is something that we keep under review, which is why, as we present our White Paper, we will be looking to see what more we can do.