Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Stella Creasy Excerpts
Tuesday 17th May 2022

(2 years, 6 months ago)

Commons Chamber
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Rishi Sunak Portrait Rishi Sunak
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Whether it is expansion of the school breakfast club programme, the holiday activities and food programme or healthy start vouchers, this Government are supporting families in meeting the costs of food, particularly at this difficult time. The hon. Gentleman rightly talks about children growing up in poverty. The best way to support those children is to ensure that they do not grow up in a household where no one is working, and I am proud that, thanks to the actions of Conservative Governments, half a million fewer children are now growing up in a workless household.

Stella Creasy Portrait Stella Creasy (Walthamstow) (Lab/Co-op)
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One group of companies doing well out of the cost of living crisis is the buy now, pay later lenders, with Klarna now valued higher than Barclays or Lloyds. One in 12 of their customers are using buy now, pay later credit to pay for toiletries and basic food products. Will the Chancellor, who was boasting about our consumer credit profile earlier, name the date when our constituents can finally make good on the promise that was made in this House over 18 months ago to give people protection from these legal loan sharks and access to the Financial Ombudsman Service?

John Glen Portrait John Glen
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I cannot give the date, but it will be very soon.