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Written question asked by Seema Malhotra (Labour) on Wednesday, 16 December 2015, in the House of Commons. It was due for an answer on Tuesday, 5 January 2016 (named day). It was answered by Harriett Baldwin (Conservative) on Tuesday, 5 January 2016 on behalf of the Treasury.


Debts

Question

To ask Mr Chancellor of the Exchequer, what recent representations he has received about the level of household debt.

Answer

The government has taken action on household debt by establishing the independent Financial Policy Committee (FPC) within the Bank of England to ensure emerging risks and vulnerabilities across the financial system as a whole are identified, monitored and effectively addressed.


Secondary information

Type
Written question
Reference
20351
Session
2015-16
Subjects
Debts
Contains statistics
Yes
Link
View this Written question on www.parliament.uk