Debts: Statistics

(asked on 14th March 2016) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Innovation and Skills, when and for what reason his Department stopped publishing statistics on household debt.


Answered by
 Portrait
Nick Boles
This question was answered on 23rd March 2016

Policy responsibility for consumer credit transferred from this Department to HM Treasury in November 2013. The Financial Policy Committee was established within the Bank of England by the Financial Services Act 2012 to ensure emerging risks and vulnerabilities across the financial system as a whole are identified, monitored and effectively addressed.

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