Stella Creasy
Main Page: Stella Creasy (Labour (Co-op) - Walthamstow)(1 year, 1 month ago)
Commons ChamberYou have answered it. I think all those who raised the point of order know the real answer without me going into it; I am grateful to at least two of them for giving me notice.
Although I accept that it can cause inconvenience, I can confirm that late changes to the membership of Delegated Legislation Committees can be made in the way that has been described. In any case, any Member of the House, whether nominated or not, may attend and speak at any meeting of a Delegated Legislation Committee. That may help, but the Members concerned did not need me to give the answer. They will know or can think about the reasons why they are not on the Committee. The answers to the two questions from the hon. Member for Rochford and Southend East (Sir James Duddridge) are no and no.
On a point of order, Mr Speaker. I hope this is slightly less controversial.
I feel I am letting people down when it comes to drama.
Mr Speaker, have you had any notice from the Government of any intended statements, either written or spoken, about the future of the regulation of “buy now, pay later” lenders? Some 8 million people in this country are struggling to pay a “buy now, pay later” bill because they are borrowing to fund the effects of inflation and the cost of living crisis. They have no protection from the financial ombudsman. In 2020, the Government agreed to legislate on the matter and we have been waiting since then for regulations. Yet now there are press reports—not reports to this House—suggesting that the whole thing is going to be scrapped and rethought, leaving millions of people open to harm from illegal loan sharks. What notice have you had of the matter, Mr Speaker?
I have not had any such indication from the Government. I am sure that the hon. Lady’s points will have been noted on the Government Benches. I hope they will be taken on board. Let us see where we go from there.