Written question asked by Ashok Kumar (Labour) on Wednesday, 12 November 2003, in the House of Commons. It was due for an answer on Monday, 17 November 2003. It was answered by Ruth Kelly (Labour) on Monday, 17 November 2003 on behalf of the Treasury.

Treasury

Question: To ask Mr Chancellor of the Exchequer, what recent assessment he has made of the level of consumer debt; and what estimate he has made of the change in the number of companies offering (a) credit and (b) loans in the last three years. - Inc ref to "Pre-Budget report" and "The Office of Fair Trading's Annual Report" at www.oft.gov.uk/News/Annual+report and www.fsa.gov.uk/pubs/annual).

Answer: Dr. Kumar: To ask the Chancellor of the Exchequer what recent assessment he has made of the level of consumer debt; and what estimate he has made of the change in the number of companies offering (a) credit and (b) loans in the last three years. [138832] Ruth Kelly: The Government's forthcoming pre-Budget report will include an assessment of developments in consumer debt. The Office of Fair Trading's Annual Report contains statistics on consumer credit licences granted and the Financial Services Authority's Annual Report contains statistics on lenders regulated by the FSA (available respectively at www.oft.gov.uk/News/ Annual+report and www.fsa.gov.uk/pubs/annual).

Secondary information

Type: Written question
Reference: 413 c519W; 138832
Session: 2002-03
Subjects: Consumers Companies Debts Credit Financial services Loans
Link: View this Written question on www.publications.parliament.uk

Treasury

Secondary information

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