The press release says "OFT acts against payday lenders". This appears to be a slick way of saying they are doing nothing - at least not for now.
Officials found problems from top to bottom with this £2 billion pound sector, but won't do anything for at least three months.
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Pope Francis has used his Christmas sermon to condemn the "brutal persecution" of minorities by Islamic State.
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It will be a frosty Christmas morning across the UK but any chance of snow is limited to the Scottish mountains.