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Payday loan companies will face an inquiry into the way they treat borrowers struggling to repay their loans. The Financial Conduct Authority said it would be paying particular attention to how lenders help consumers who fall behind on repayments, and would also focus on the culture of each company to see whether they ar...
Gregg McClymont MP, Labour’s Shadow Pensions Minister, responding to the Association of British Insurers’ announcement of new rules to give savers a better deal on a...
Martin Wheatley said the Financial Conduct Authority’s crackdown on payday lenders would reduce the number of businesses in the industry by approximately a quarter. ...
Treasury press release Consumer credit countdown - Review into debt collection practices of payday lenders starts on day one of FCA regulation Payday lenders and ...
Andrea Leadsom said Mark Carney gave the impression of being "extremely on top of" everything happening at the Bank of England. "Mark Carney certainly gave the im...
Commenting on today's hearing with the Bank of England, the Chairman of the Treasury Committee, Andrew Tyrie MP, said: On MPC records "I have yet to hear a good ...
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