On 19th June 2019 a Government statement on new plans to help people dealing with problem debt was repeated in the House of Lords. The Bishop of Leeds, Rt Revd Nick Baines, welcomed the statement and asked a follow-up question:
Bishop of Leeds: My Lords, I welcome this Statement, and thank the Minister for repeating it. I also want to note the work that the Church of England and the Children’s Society have done promoting these matters. I am particularly pleased that public and utilities debt is to be included in this, but—taking advice from Donald Tusk, who said “Don’t waste the extension”—can the Minister say who will ensure that plans are put in place for sustainable debt resolution? It was said that debtors will have to seek professional advice. How will that be ensured, so that we do not simply prolong the problem of debt where it will be exacerbated? Secondly—and I am sorry if I missed this in the Statement—when might we expect the new regulations to be published?
Continue reading “Bishop of Leeds welcomes Government announcement on ‘breathing space’ for people with problem debt”
On 19th June 2019 the Economic Secretary to the Treasury (John Glen) made a statement on supporting people in problem debt. The Second Church Estates Commissioner, Rt Hon Dame Caroline Spelman MP, asked a follow-up question:
Dame Caroline Spelman: I welcome this statement and the Government going beyond their original manifesto commitment. It gives me a chance to thank my citizens advice bureau, which has done fantastic work on debt rescheduling during my 22 years as an MP.
Does the Minister welcome the Church of England’s initiative to teach financial literacy in its primary schools, and would he encourage rolling out such an approach to prevention more widely?
Continue reading “Caroline Spelman highlights Church schools works in teaching financial literacy”
On 1st May 2019 the House of Lords debated a Motion from Lord Stevenson of Balmacara, “That this House takes note of the Financial Guidance and Claims Act 2018 (Naming and Consequential Amendments) Regulations 2019 (SI 2019/383).” The Archbishop of York, Most Revd John Sentamu, spoke in the debate:
The Archbishop of York: My Lords, I want to support the main thrust of the speech from the noble Lord, Lord Stevenson, about debt. Julia Unwin, who was chief executive of the Joseph Rowntree Foundation, did a big research project on why people were going to Wonga. They went to Wonga because it asked no questions; people knew they could get their payday loan. Other lenders asked more questions and were far more intrusive and credit was not readily available. Noble Lords know that my archiepiscopal colleague, the most reverend Primate the Archbishop of Canterbury, said that he intended not only to reform Wonga but to do away with it, and we know what has happened to Wonga.
Continue reading “Archbishop of York on the need for access to low-cost credit”
On 12th December 2018 the Bishop of Newcastle, Rt Revd Christine Hardman, received a written answer to a question on hardship and the impact on debt & health in Universal Credit pilot areas:
The Lord Bishop of Newcastle: To ask Her Majesty’s Government what steps they are taking (1) to address hardship caused in Universal Credit pilot areas, and (2) to ensure that the same impacts on debt and health are not caused by the future roll-out of Universal Credit. Continue reading “Bishop of Newcastle asks about steps to reduce hardship in Universal Credit areas”
On 12th July 2018 Lord Leigh of Hurley led a debate in the House of Lords on the motion, “That this House takes note of the measures being taken to promote personal savings and the role they can play in building a stronger and fairer economy.” The Bishop of Chester, Rt Revd Peter Forster, spoke in the debate:
The Lord Bishop of Chester: My Lords, on behalf of the House, I thank the noble Lord, Lord Lilley, for his splendid maiden speech and look forward to many contributions from him in future. He mentioned the kingdom of Mercia; Chester was the northern outpost of that kingdom, so I look forward to collaboration with the noble Lord, as we do collaborate on a think tank concerned with energy and climate policy. Continue reading “Bishop of Chester highlights importance of credit unions and financial education”
On the 18 December 2017 Baroness Tyler of Enfield led a debate on the report of the Select Committee on Financial Exclusion – Tackling Financial Exclusion: A country that works for everyone?
(Session 2016-17, HL Paper 132
). The Bishop of Birmingham, the Rt Revd David Urquhart was a member of the Committee, and spoke in the debate:
The Lord Bishop of Birmingham: My Lords, as we resume the debate on Tackling Financial Exclusion: A Country that Works for Everyone?, there can be no more poignant reminder of the issues raised in the committee’s report and the seriousness with which we need to take its challenge. As the Bishop of Kensington said in the service [for Grenfell Tower survivors and community] just mentioned by the noble Lord, Lord Bourne, we can be too wrapped up in our own interests and prosperity, but we might just now turn outwards towards each other—a society known for listening, compassion and love.
Continue reading “Bishop of Birmingham asks Government to increase support for the financially excluded”
On 14th December 2017 the Bishop of St Albans, Rt Revd Alan Smith, received a written answer to a question on credit:
The Lord Bishop of St Albans: To ask Her Majesty’s Government how they will monitor the voluntary agreement by lenders not to give automatic credit limit increases to consumers. Continue reading “Bishop of St Albans asks about automatic credit increases by lenders”