Chancellor George Osborne has said he wants the new regulator, the Financial Conduct Authority, to "look at the whole package" of charges for payday loans.
He said this would include considering a cap on arrangement fees and penalties as well as the interest rates, in order to put a "cap on the total cost of credit".
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There will be blustery showers across northern parts overnight with showery rain and sleet across the south.
Rap mogul Marion 'Suge' Knight has been arrested on murder charges after a fatal hit-and-run incident in Los Angeles.
The Canadian used only ice hooks to scale the frozen cliffs, and says the walls were "unstable" and "unpredictable".