Iain Stewart
Main Page: Iain Stewart (Conservative - Milton Keynes South)Department Debates - View all Iain Stewart's debates with the Scotland Office
(12 years ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
The Prime Minister
I enjoyed my visit to Troon. I made the offer to the hon. Gentleman at that time that I would happily share a platform with him to defend our United Kingdom, but for some reason the invitation got lost in the post. I therefore make the offer to him again.
The hon. Gentleman makes a serious point about payday loans. We have seen the preliminary report by the Office of Fair Trading. We need to take action, and that is why we are giving the OFT a new power to suspend a consumer credit licence with immediate effect when there is an urgent need to protect consumers. The report shows that many companies are not sticking to the guidelines, and that is not acceptable.
Engagements
Iain Stewart (Milton Keynes South) (Con)
Has my right hon. Friend seen the recent Experian study which shows that Milton Keynes is the area of the UK best placed to lead economic growth, with a forecast growth of 3.1% a year?
The Prime Minister
My hon. Friend is a great spokesman for Milton Keynes and has welcomed me there many times. It has a successful economy based largely on small and medium-sized enterprises. One thing we need to do, in Milton Keynes and elsewhere, is to get the housing market moving again. I am convinced that that is an important part of driving recovery in our economy.