Debt (2)

Meeting: 
MQT on 2014-12-17
Session date: 
December 17, 2014
Reference: 
2014/5929
Question By: 
Fiona Twycross
Organisation: 
Labour Group
Asked Of: 
The Mayor
Category: 

Question

In 2009 you established the London Debt Strategy Group (LDSG) to address problem debt issues following the financial crisis and hosted a debt summit in 2010. A number of indicators suggest that debt could become a more significant problem in London in future years, particularly among young people and for mortgages holders when Bank of England interest rates eventually rise. Will you therefore consider reconvening the LDSG?

Answer

Answer for Debt (2)

Answer for Debt (2)

Answered By: 
The Mayor

Please see my response to MQ 2014 /2336 and my submission to the London Assembly's investigation into personal problem debt.