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Inquiry concluded. Final Report and Government Response published.
The Business, Innovation and Skills Committee inquired into the Government’s response to its consultation on Managing, Borrowing And Dealing With Debt entitled Consumer credit and personal insolvency review: summary of responses on consumer credit and formal response on personal insolvency and its proposals for policies in relation to:
MPs say debt management industry requires greater transparency and effective regulation
Committee hears from the Money Advice Service, Office of Fair Trading and the Government Minister
Committee hears from consumer credit providers, commercial debt management advisers and pawnbrokers
Committee to hear from academics and consumer advice groups
Committee inquiry to focus on Government policy proposals in relation to consumer debt and personal insolvency
Report, together with formal minutes, oral and written evidence
Most, but not all, Select Committee inquiries are conducted as follows:
Not all inquiries result in a Report
Select Committees carry out inquiries on areas ranging from the work of government departments to economic affairs. The results of these inquiries are public and many require a response from the Government.