Asked by: Lord Mawson (Crossbench - Life peer)
Question to the HM Treasury:
To ask His Majesty's Government what assessment they have made of the barriers to access finance for purchasing cars.
Answered by Lord Livermore - Financial Secretary (HM Treasury)
The government recognises the critical role the motor finance market plays in allowing people to own their own vehicle. The government is engaging with a broad range of stakeholders to monitor issues in the motor finance market.