Written Question·Treasury·UIN 1882

Credit: Regulation

Tabled: 25 July 2024
Answered: 31 July 2024

Question

Sorcha Eastwood

AllianceLagan Valley

To ask the Chancellor of the Exchequer, whether she plans to bring forward legislative proposals to regulate buy-now-pay-later financial products.

Answer

Tulip Siddiq
Regulating Buy Now Pay Later products is crucial to protect people and deliver certainty for the sector. The government will be looking to work closely with all interested stakeholders and will set out its plans shortly.