Baroness Chapman of Darlington
Main Page: Baroness Chapman of Darlington (Labour - Life peer)Department Debates - View all Baroness Chapman of Darlington's debates with the Department for Education
(13 years, 10 months ago)
Commons ChamberLast but not least. I assure the hon. Gentleman that the 13% figure is often driven by the need for local partners to get their arrangements right. We are standing ready. We know that these partnerships can help local growth right across England, right across London, and in his constituency as well.
We found out this morning that Wonga, the payday lender, has raised £73 million to expand its operations across the country into even more communities. When are this Government going to get a grip on these legal loan sharks?
As my right hon. Friend the Secretary of State said earlier, we are waiting to respond to the consultation on consumer credit and personal insolvency, which will deal with all aspects of consumer credit. I am not aware of the particular point that the hon. Lady has made, but when we respond I hope that she will welcome our ideas.