division_name: Finance (No. 3) Bill &#8212; New Clause 11 &#8212; High cost credit lending
motion: <p class="" pid="a.1252.4/1" pwmotiontext="yes">I beg to move, That the clause be read a Second time.</p>
  
  <p class="" pid="a.1252.4/2" pwmotiontext="yes">We do not often find the issue of high-cost credit lending in the headlines, but it is critical for many people up and down the country. Many of our constituents would expect to see it addressed in the Finance Bill, because there is growing concern that a large number of some of the poorest people in society are becoming prone to high-charging payday lending, doorstep lending, new variants of hire purchase and illegal loan-sharking, especially as the mainstream banks restrict credit availability.</p>
  
  <p pid="a.1297.4/1" pwmotiontext="yes"><i>Question put, </i>That the clause be read a Second time.</p>
  
  <p class="italic" pid="a.1297.4/2" pwmotiontext="yes">The House divided:</p>
  
  <p pid="a.1297.4/3" pwmotiontext="yes">Ayes 228, Noes 273.</p>