Wishaw MP says households in energy debt are at the mercy of loan sharks

  • 📰 Daily_Record
  • ⏱ Reading Time:
  • 36 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 39%
  • Publisher: 89%

Energy News

Lanarkshire,Lanarkshire News,Motherwell

Motherwell and Wishaw MP Marion Fellows made the powerful intervention during topical questions in the House of Commons.

A Lanarkshire MP says households in energy debt are increasingly at the mercy of loan sharks as they borrow cash as a last resort simply to pay bills.

Ms Fellows said in the Commons: “In the last 12 months, one in five households, or one in four young households, in energy debt have turned to illegal money lenders to help pay for bills and everyday essentials. Responding for the government under secretary of state Amanda Solloway said: ”The hon. Member makes an incredibly important point, and I have had many conversations with her on this matter.

A social energy tariff - which is now supported by several energy providers - would provide a safety net against high energy prices for disabled households or those on low incomes. It says the proportion of younger households in energy debt turning to loan sharks is almost a quarter - 24 per cent.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 9. in UK

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines