News from London about advertising changes on the buses as loans become more and more popular. London Mayor Boris Johnson has took a stand against loan sharks by banning advertisements on public transport. The Office of Fair Trading that odd organisation that is supposed to defend the rights of consumers, has referred payday loan companies to the Competition Commission. The Bank of England and George Osborne are doing there best to try and figure all this stuff out to help everyone. UKIP and other political UK representatives are evoking by talking about loan sharks, all trying to get there attention in hope of funding for further political campaigns. Read more about the licensed Loan Sharks over on Stirring Trouble Internationally dot com.
- Payday loans websites blocked by Haringey Council (guardian.co.uk)
- Payday lenders called to account over debt ‘traps’ (standard.co.uk)
- Payday lender investigation could be delayed by bureaucracy (telegraph.co.uk)
- George Osborne’s Spending Review was classic divide and rule Tory ploy (mirror.co.uk)