The Griffiths Commission on Personal Debt was launched in 2004 by Oliver Letwin, MP, the then Conservative Shadow Chancellor, to investigate the increasing problem of personal debt in the United Kingdom. Although initially formed by the Conservative Party, the Commission took evidence from individuals of all political persuasion and none, and sought to achieve consensus across the political divide.
The final report entitled What Price Credit? was published by the Centre for Social Justice in March 2005. Elements of the report were welcomed by the Conservative and Liberal Democrat parties, although there was no official response from the ruling Labour Party.
Read more about Griffiths Commission On Personal Debt: Members of The Commission, Achievements, Failures
Famous quotes containing the words commission, personal and/or debt:
“Children cannot eat rhetoric and they cannot be sheltered by commissions. I don’t want to see another commission that studies the needs of kids. We need to help them.”
—Marian Wright Edelman (b. 1939)
“Close friends contribute to our personal growth. They also contribute to our personal pleasure, making the music sound sweeter, the wine taste richer, the laughter ring louder because they are there.”
—Judith Viorst (20th century)
“It is a well-settled principle of the international code that where one nation owes another a liquidated debt which it refuses or neglects to pay the aggrieved party may seize on the property belonging to the other, its citizens or subjects, sufficient to pay the debt without giving just cause of war.”
—Andrew Jackson (1767–1845)