Speeches

Seema Malhotra – 2016 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by Seema Malhotra on 2016-01-11.

To ask Mr Chancellor of the Exchequer, what representations he has received since September 2015 on the level of household debt; and on what dates he received those representations.

Harriett Baldwin

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.