An increase in household spending is being fuelled by debt
The Bank of England has expressed concern about the level of borrowing people have taken on in recent months
The Bank of England has expressed concern about the level of borrowing people have taken on in recent months
A bad day for Wonga provides a valuable opportunity to reform the credit industry
We are caught in a debt-trap and we all need to talk about it
Packman looks at the findings that the boom before the bust was caused by growth in the consumer credit market, and asks what happens when it inevitably fails.
Backbenchers in the House of Commons are trying to guide the Consumer Credit Regulation and Advice Bill though Parliament to regulate the industry, reports Daniel Elton.