UK Parliament / Open data

Consumer Credit Bill

Proceeding contribution from David Chaytor (Labour) in the House of Commons on Thursday, 9 June 2005. It occurred during Debate on bills on Consumer Credit Bill.
I note my hon. Friend’s description of the Government’s position on interest rate caps, but what exactly is the argument against introducing them? Does he honestly think that there is some ethical justification for major financial services companies levying interest rate charges of 25 to 29 per cent. per annum?
Type
Proceeding contribution
Reference
434 c1406 
Session
2005-06
Chamber / Committee
House of Commons chamber
Back to top