Debates between Lord Sharma and James Gray during the 2017-2019 Parliament

Universal Credit and Debt

Debate between Lord Sharma and James Gray
Wednesday 5th June 2019

(5 years, 5 months ago)

Westminster Hall
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Debbie Abrahams Portrait Debbie Abrahams
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They are still loans.

Lord Sharma Portrait Alok Sharma
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Also, individuals will receive that money as an advance to their universal credit payment, so they will receive 13 payments over a 12-month period. I make it absolutely clear once again that, as I hope colleagues will acknowledge, these are interest-free advances. Of course, from October this year, the Government will reduce the maximum rate—