Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Rachel Reeves Excerpts
Tuesday 22nd May 2018

(5 years, 11 months ago)

Commons Chamber
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Rachel Reeves Portrait Rachel Reeves (Leeds West) (Lab)
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The cap on charges on payday loans legislated for by Parliament has made a huge difference in bringing down the costs, but it is now more expensive for a person to go into an unarranged overdraft at their own bank. Will the Government look to extend that legislation to cap also the rip-off fees and charges put on customers by our banks?