Clamp down on payday lenders
Britain's biggest payday lenders have been threatened with being put out of business after a damning report by the Office of Fair Trading uncovered evidence of "widespread irresponsible lending".
Britain's biggest payday lenders have been threatened with being put out of business after a damning report by the Office of Fair Trading uncovered evidence of "widespread irresponsible lending".
The Office of Fair Trading has estimated that the payday loan market was worth £2.0 to £2.2 billion in 2011/12, which corresponds to between 7.4 and 8.2 million new loans.
This figure is up from an estimated £900 million in 2008/09.
The prince laid a floral wreath at one of a group of metal crosses near Wellington Arch in central London.
The group, which also owns Premier Inn, said on Wednesday that it will pursue a ‘demerger of Costa’.
The showers will become more frequent as the day goes on, giving some heavy downpours in places during the afternoon.