Universal Credit and Debt

James Gray Excerpts
Wednesday 5th June 2019

(4 years, 10 months ago)

Westminster Hall
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Mike Amesbury Portrait Mike Amesbury (Weaver Vale) (Lab)
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Thank you, Sir Henry; it is a pleasure to serve under your chairmanship.

[James Gray in the Chair]

James Gray Portrait James Gray (in the Chair)
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Well, it was—very briefly.

--- Later in debate ---
Debbie Abrahams Portrait Debbie Abrahams
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They are still loans.

Alok 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—