Written Question·Treasury·UIN 25378

Banks and Building Societies: Credit

Tabled: 21 January 2025
Answered: 28 January 2025

Question

Lillian Jones

LabourKilmarnock and Loudoun

To ask the Chancellor of the Exchequer, what assessment she has made of the adequacy of affordable credit provision by banks and building societies.

Answer

Emma Reynolds
The Government recognises that credit, when provided responsibly, can be crucial for people facing unexpected expenses or managing their cash flow. That is why it is committed to expanding access to affordable credit, so that everyone has the opportunity ...

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