Shapps responds

Here are Grant Shapps’ answers to the questions put forward by CoffeeHousers:

Colin

“What advice do you have for the individuals who are now deep in debt, after a decade long credit bubble; especially now that the safety net of massive house price rises is not there to save them?”

The first thing to say is that someone who finds themselves in debt should seek urgent debt counseling advice, ideally before things get completely out of control. Either way, seeking professional help from an organisation like the Citizens Advice Bureau is an absolute must because all creditors will prefer to be in discussion and negotiation with their debtor. Tempting as it can be, burying your head in the sand is just about the worst approach to take.

Gordon Brown is fond of telling us that despite 11 years in power as Chancellor and then PM, the economic woes are nothing to do with him.