Universal Credit and Debt — [Sir Henry Bellingham in the Chair]

Part of the debate – in Westminster Hall at 4:00 pm on 5th June 2019.

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Photo of Alok Sharma Alok Sharma The Minister of State, Department for Work and Pensions 4:00 pm, 5th June 2019

Also, individuals will receive that money as an advance to their universal credit payment, so they will receive 13 payments over a 12-month period. I make it absolutely clear once again that, as I hope colleagues will acknowledge, these are interest-free advances. Of course, from October this year, the Government will reduce the maximum rate—