Debts

HM Treasury written question – answered on 20th November 2017.

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Photo of Alex Norris Alex Norris Labour/Co-operative, Nottingham North

To ask Mr Chancellor of the Exchequer, pursuant to the Answer of 7 September 2017 to Question 6591, on debts, what plans he has to implement a breathing space scheme.

Photo of Steve Barclay Steve Barclay The Economic Secretary to the Treasury

The government has tabled an amendment to the Financial Guidance and Claims Bill, which will be debated at the Third Reading of the Bill in the other place on 21st November. This amendment would enable the Government to implement a breathing space scheme after receiving advice from the Single Financial Guidance Body on the design of such a scheme.

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