Payday loans costs will be capped under plans being announced by Chancellor George Osborne.
New financial regulator the Financial Conduct Authority will set the level of the cap, which will cover fees charged on the loans as well as interest.
Treasury officials said the Government had always kept the case for a cap under review and there is now "growing evidence" internationally to support the move.
More top news
Judge Mindy Glazer was not expecting to be reunited with "the nicest kid in middle school" when Arthur Booth appeared in her court.
The WikiLeaks founder has been living in the Ecuadorian embassy in London for three years but claims his life is in danger.
Small shops in some parts of Greece are in danger of running out of coins and small change as cash reserves in the country begin to run low.