Seema Malhotra – 2016 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by Seema Malhotra on 2015-12-16.

To ask Mr Chancellor of the Exchequer, what recent representations he has received about the level of household debt.

Harriett Baldwin

The government has taken action on household debt by establishing the independent Financial Policy Committee (FPC) within the Bank of England to ensure emerging risks and vulnerabilities across the financial system as a whole are identified, monitored and effectively addressed.