Payday lenders buying personal details at £60 a head

Recently I spoke at a meeting where I asked those in attendance to raise their hands if they had had experience of a text message or an email from a payday lender offering them an expensive loan at interest rates that would make most people weep.

Thatcherism and Ukip are the perfect match

Writing in The Times yesterday (£), Nigel Farage claimed that if Margaret Thatcher was still leader of the Conservative Party there would be no need for Ukip. More specifically he said: “Had she still been in power in 1992, there would have been a referendum on [the Maastricht] treaty, and the need for UKIP would probably never have arisen.”

The wait for action on unscrupulous Payday lenders goes on

Payday lending is back in the news today as two reports are released, one after the other, on changes to the regulatory architecture that oversees the industry. Given how much optimism there was last year with the FCA being given new powers, the meat of these reports will come as a disappointment.

George Galloway does debate with some Israelis

Respect MP George Galloway walked out of a debate at Christ Church college at Oxford University last night after being asked a question by an Israeli citizen. Galloway’s response before walking out was “I don’t debate Israelis”.