Government U-turn: payday loans will be capped

That's Cameron's plan... unless the lobbyists get in the way...

BACKGROUND STORY:
Payday loan firms face cap after government U-turn
Financial Conduct Authority to be given new powers to curb exorbitant interest rates charged on payday loans GUARDIAN



OUR RELATED STORIES:

With predatory companies on all sides, it costs an awful lot of money to be poor

Does giving the 1% greater rewards benefit everyone? Compare data for Britain and France to see this is not true