On Monday 13th November the Bishop of St Albans, Rt Revd Alan Smith, led a debate in the House of Lords on the levels of household debt in the UK. His opening speech is below, along with the responding speech of the Government Minister (all the speeches in the debate can be read here).
The Lord Bishop of St Albans: To ask Her Majesty’s Government what is their assessment of the risks posed by current levels of household debt in the United Kingdom.
The Lord Bishop of St Albans: My Lords, I am deeply concerned—as I know are many other Members of this Chamber—about rising levels of household debt in this country. Households in the UK are taking on far more debt than they used to and overall are taking on more debt than they bring home in income. While the ratio of household debt to income has not yet eclipsed the 160% peak hit in early 2008, it currently hovers around 140%, a dramatic shift from the ratio of 95% in 1997.
Of course there are good reasons why families in this country choose to take on debt—perhaps to buy a house or another form of secured debt—but, nevertheless, we know that for some people the prospect of saving for a house is inconceivable and that those who are lucky enough to purchase a house take on an extremely high level of mortgage debt. This burden, especially for young people, should be recognised. Continue reading “Bishop of St Albans leads debate on risks of rising household debt”
The Lord Bishop of Durham: To ask Her Majesty’s Government, further to the remarks by the Secretary of State for Work and Pensions on 9 October (HC Deb, col 4), whether they will publish the evidence supporting his statement that the roll-out of Universal Credit will mean that 250,000 more people will be in work.
On 19th October 2017 the Bishop of Durham, Rt Revd Paul Butler, received a written answer to a question about families with children on Universal Credit:
On 24th April 2017, the Bishop of Durham, the Rt Revd Paul Butler, received written answers to two questions on Child Tax Credit and Universal Credit:
On 31st January 2017, Lord Beecham asked Her Majesty’s Government “what steps they plan to take, in addition to their support for the Private Member’s Homelessness Reduction Bill, to tackle the growing problems of homelessness and rough sleeping.” The Lord Bishop of Norwich, the Rt Revd Graham James, asked a follow up question about the eviction of tenants on universal credit. 



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