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Meg Hillier
Main Page: Meg Hillier (Labour (Co-op) - Hackney South and Shoreditch)Department Debates - View all Meg Hillier's debates with the Department for Work and Pensions
(11 years, 7 months ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
Mr Speaker
The Minister can always have a cup of tea with her right hon. Friend if any further clarification is required.
Meg Hillier (Hackney South and Shoreditch) (Lab/Co-op)
Many of my constituents rely on the sub-prime lending sector to manage from day to day and to build their credit record. What conversations has the Secretary of State’s Department had with the Financial Conduct Authority in its efforts to improve that sector and to make sure that my constituents get a good service rather than, in some cases, being driven into the hands of illegal moneylenders?
Mr Duncan Smith
That is a very good question. My noble Friend Lord Freud is conducting those discussions, which are in line with all his discussions with the banking and finance sector in advance of universal credit coming in. The hon. Lady makes a very valuable point, and she is absolutely right. I will ensure that we press people very hard on this.