Labour plans to introduce Credit Card interest cap

The video discusses the UK's record household debt of £1.8 trillion, highlighting personal experiences like Jane Clark's financial struggles. It addresses high credit card repayment rates and Labour's proposal to cap interest payments. Additionally, it covers the controversy surrounding Labour's Brexit policy, with Jeremy Corbyn facing criticism for avoiding a meaningful vote.

What is the current level of household debt in the UK?

• £2.0 trillion

• £1.8 trillion

• £1.5 trillion

• £2.5 trillion

What is the proposed measure by the Labour Party to address high interest payments?

• Increase taxes on banks

• Provide debt relief for all

• Cap interest payments to the amount of the original loan

• Nationalize credit card companies

Who is facing protests from Pro remain Labour MPs?

• John McDonnell

• Jane Clark

• Jeremy Corbyn

• John Craig

What is the biggest issue discussed in the local Labour Party according to the transcript?

• Interest rates

• Economic growth

• Household debt

• Brexit policy

What are critics accusing Jeremy Corbyn and his supporters of?

• A stitch up

• Being too democratic

• Ignoring economic issues

• Supporting Brexit