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Clause 16 - Loans for mortgage interest

Part of Welfare Reform and Work Bill – in a Public Bill Committee at 11:45 am on 15th October 2015.

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Photo of Debbie Abrahams Debbie Abrahams Shadow Minister (Work and Pensions) 11:45 am, 15th October 2015

Can I push the Minister a little on interest rates and ask him to reflect on the experience with student loans? They started off in 2010 at a base rate, but they have now gone on to commercial rates. Allowing the issues in the Bill to be fully debated involves important considerations of transparency and openness.