Business of the House Debate

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Department: Leader of the House

Business of the House

Damian Hinds Excerpts
Thursday 6th December 2012

(11 years, 11 months ago)

Commons Chamber
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Lord Lansley Portrait Mr Lansley
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I am sorry, but my hon. Friend the Minister for Disabled People has informed the House perfectly well and properly through a written ministerial statement. The right hon. Lady is coming awfully close to challenging the view of the Speaker on whether an urgent question would be justified.

Damian Hinds Portrait Damian Hinds (East Hampshire) (Con)
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Last week, the Government announced that they will bring forward a facility for capping interest on payday loans. However, such loans are only one part of the high-cost sub-prime sector. May we have a debate on the entire high-cost sector, and on the problems within it and ways to solve them sustainably?

Lord Lansley Portrait Mr Lansley
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My hon. Friend will recall that on Third Reading of the Financial Services Bill in another place, the Government tabled an amendment to create a power that would limit agreements that impose unacceptable charges, including interest on lenders; it would make contravention of those agreements unenforceable, which is a strong power. The Bill will return to this House and we will have the opportunity to consider the Lords amendments on Monday.