- Reference: 2012/3894
- Question by: Stephen Knight
- Meeting date: 19 December 2012
Do you support the government's recent decision to examine measures to cap payday loans and give the Financial Conduct Authority powers to regulate lenders? And, given that Londoners are statistically more likely to be in debt arrears as a result of resorting to payday loans, will you co-ordinate an investigation into the extent of payday loan use in London and an examination of alternative lending or grant schemes?