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 (20th century)
“A man lives not only his personal life, as an individual, but also, consciously or unconsciously, the life of his epoch and his contemporaries.”
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“They who have been bred in the school of politics fail now and always to face the facts. Their measures are half measures and makeshifts merely. They put off the day of settlement, and meanwhile the debt accumulates.”
—Henry David Thoreau (1817–1862)