Breathing Space Scheme: Consultation Response Debate

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Department: Cabinet Office

Breathing Space Scheme: Consultation Response

Lord Foulkes of Cumnock Excerpts
Wednesday 19th June 2019

(5 years, 5 months ago)

Lords Chamber
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Lord Young of Cookham Portrait Lord Young of Cookham
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I am not sure whether the noble Lord followed the exchanges in the other place, but an honourable Member raised the question of guarantor loans. I think I am right in saying that the Economic Secretary to the Treasury said that he had recently met the FCA about guarantor loans, so perhaps I could write to the noble Lord about the outcome of that exchange.

Lord Foulkes of Cumnock Portrait Lord Foulkes of Cumnock (Lab Co-op)
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My Lords, does the Minister accept that the picture he has painted of millions of people in debt and in poverty is at odds with the rosy picture that the noble Baroness, Lady Buscombe, tried to paint at Question Time earlier today? Could he have a word with his noble friend and explain to her that United Nations rapporteurs have no incentive to tell other than the truth? That is what they are there for. When that Minister comes here, it is to answer questions from the right reverend Prelates and Cross-Benchers, as well as from Members from political parties. It would do her and the House a great deal of service if she would make some attempt to answer them fairly and honestly.

Lord Young of Cookham Portrait Lord Young of Cookham
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I am reluctant to rise to the bait that the noble Lord dangles in front of me. My noble friend made a robust defence of government policy.