Debt (4)

Meeting: 
MQT on 2014-12-17
Session date: 
December 17, 2014
Reference: 
2014/5931
Question By: 
Fiona Twycross
Organisation: 
Labour Group
Asked Of: 
The Mayor
Category: 

Question

Are there any key indicators that you are monitoring in relation to problem debt in Greater London? If so, please outline how these are being monitored by the Greater London Authority.

Answer

Answer for Debt (4)

Answer for Debt (4)

Answered By: 
The Mayor

There are no direct measures of problem debt available. The London datastore is updated with data on personal insolvencies, including debt relief orders. There is no regular monitoring in place for other data sources, but information on debt advice clients, Londoners in arrears on various bills and overall debt levels are monitored from time to time.