Tories to head debt commission

Economist Lord Griffiths will be chairing the commission, which will be looking at how families get into debt spirals, and how they can be helped. Lord Griffiths says: "Problems with debt affect poorer and more vulnerable people especially. Imaginative and constructive solutions to these problems are urgently needed, and I believe that the commission will play a valuable role in helping to find them." The commission will be independent of the Conservative Party, but it will still report to the shadow chancellor Oliver Letwin. Letwin says: "This a serious undertaking with a serious...