Rebecca Long Bailey
Main Page: Rebecca Long Bailey (Labour - Salford and Eccles)Department Debates - View all Rebecca Long Bailey's debates with the HM Treasury
Financial Services Bill
Rebecca Long Bailey Excerpts
Report stage
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3rd reading
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3rd reading: House of Commons
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Report stage: House of Commons
Wednesday 13th January 2021
Read Full debate Financial Services Bill 2019-21 Read Hansard Text Read Debate Ministerial Extracts Amendment Paper: Consideration of Bill Amendments as at 13 January 2021 - (13 Jan 2021)
Wednesday 13th January 2021
(3 years, 1 month ago)
Commons ChamberRead Full debate Financial Services Bill 2019-21 Read Hansard Text Read Debate Ministerial Extracts Amendment Paper: Consideration of Bill Amendments as at 13 January 2021 - (13 Jan 2021)
Rebecca Long Bailey (Salford and Eccles) (Lab) [V]
I speak in support of new clause 2. I must stress to the Minister that debt advisers in Salford have already warned me that the Government’s debt respite scheme is inadequate. First, debt advisers should be provided with the discretion to extend breathing space. Secondly, the midway review requirements will waste valuable resources and should be eliminated. Thirdly, there must be the option for debtors to access breathing space on more than one occasion in a 12-month period when needed.