Payday lenders: the need for urgent action

On 3 February, the House of Commons will vote on whether to support the introduction of a series of caps on the amount that payday and home credit lenders can charge for credit. The vote comes at a time when the UK has accumulated one of the highest levels of personal debt in the world. In April last year, British people owed over £1,460bn in private debt.

The bonfire of the inequalities

Matthew Lockwood on the aftershocks of the financial crisis that continue to reverberate through real economies and government budgets around the Western world.