Debt and Pensions Advice

Part of the debate – in the House of Lords at 3:04 pm on 15 October 2007.

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Photo of Lord Oakeshott of Seagrove Bay Lord Oakeshott of Seagrove Bay Spokesperson in the Lords, Treasury, Spokesperson in the Lords, Work & Pensions 3:04, 15 October 2007

My Lords, I thank the Minister for that Answer, but noble Lords will see that it is too bitty and does not begin to add up to the scale and urgency of the problem. Does he not accept that the queues outside Northern Rock have hammered what is left of the savings culture in this country and that there is now only one name, one trusted brand, that people will respect; that is, Citizens Advice? Its resources are being cut, but surely it should be made the key to giving advice to the many people with deepening financial problems in this country.