Business of the House Debate

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Department: Leader of the House

Business of the House

Jeremy Quin Excerpts
Thursday 17th May 2018

(6 years, 6 months ago)

Commons Chamber
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Andrea Leadsom Portrait Andrea Leadsom
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My hon. Friend is absolutely right to pay tribute to all those who do so much to support cancer care of all types, and particularly breast cancer care. I have a number of family members who have suffered from this awful disease, which takes far too many lives and damages so many lives. I join my hon. Friend in paying tribute to all who are raising funds to support cancer charities.

Jeremy Quin Portrait Jeremy Quin (Horsham) (Con)
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The Financial Conduct Authority is currently considering whether to extend regulations that have been successfully applied to payday loan providers to doorstep lenders. This is an important issue for financial inclusion. Could we debate it please in Government time?

Andrea Leadsom Portrait Andrea Leadsom
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My hon. Friend raises an important issue. The behaviour of payday lenders and other high-cost lenders is a scourge for people on low incomes often who cannot afford their incredibly high interest rates. He is right to raise that matter. The FCA has within its remit the ability to look further into this. He may wish to seek an Adjournment debate so that he can raise directly with Ministers the progress of the FCA’s review of the cost of payday lending.