To ask the Chancellor of the Exchequer, what guidance and support his Department provides to people experiencing problem debt.

To simplify the existing public financial guidance landscape and offer more holistic support to consumers, the Government established the Money and Pensions Service in January 2019.

The Government has increased public funding for free professional debt advice to almost £56m this year, enough to provide support to 560,000 people in England.

To support people in problem debt, the Government is introducing a Breathing Space scheme that will provide them with a 60-day period where interest and charges on their debts are frozen and enforcement action from creditors is paused.

Breathing Space will encourage people to access debt advice and will allow them the time and space to fully engage with professional support, helping them identify a sustainable solution to their debts.