The UK investment industry is operating against public interest, according to a new report that calls for the Office of Fair Trading to conduct an investigation...
A charter aimed at tightening up regulation for payday lenders has been launched by a Labour MP. Paul Blomfield, MP for Sheffield, has launched the Charter...
The Financial Conduct Authority (FCA) has outlined how it plans to regulate consumer credit – including the payday loans industry – when it takes on the...
UK regulators are not backing down against bad behaviour in the financial sector, according to research carried out by audit firm EY. The study looked at...
The government is to conduct a study into the impact of payday loan adverts, in an effort to crack down on the irresponsible sales activity displayed...
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...
Payday lenders heap pressure on borrowers, fail to undertake sufficient background checks and even lend money to people who are drunk or have mental health issues,...
The Office of Fair Trading (OFT) has said a number of energy efficiency companies are guilty of “poor practice”, after publishing an in-depth review of the...
Housing charity Shelter claim that almost a million people have turned to controversial payday loan schemes in order to pay their mortgage or rent. Labour and Co-operative...