The Financial Conduct Authority (FCA) has proposed plans to cap charges payday loan companies implement on debt – with moves that could cost the industry £420...
Four Conservative council leaders have criticised the communities secretary Eric Pickles, saying that his decision to scrap the local welfare assistance (LWA) fund was pushing families...
Payday lender Wonga has expanded its global reach to consumers after acquiring German company BillPay. Amid the controversy, criticism and fierce political debate about whether payday...
The day after the archbishop of Canterbury said he would try and compete payday lenders like Wonga “out of existence”, it was revealed that the Church...
The Church of England invests part of its £5.5 billion portfolio indirectly in Wonga, the same payday lender that this week the archbishop of Canterbury said...
The payday loan industry, which includes Wonga, PaydayUK and QuickQuid, is worth £2 billion and is now subject to an inquiry by the competition commission. Concerns...