Archive for 'loan sharks'
This week Ed Miliband launched Labour’s campaign for May’s county council elections with strong words on legal loansharks and payday lenders. Ed’s speech made a strong reference to the campaign to end legal loansharking and the need to both cap the cost of credit and to give councils powers so that they can stop high [...]
After attending a campaign training session at Summerfest, the National Youth Committee rep for Scotland, Hannah Lister returned home full of ideas and, working closely with Labour and Co-operative MSP Kezia Dugdale, has become a key part of the Debtbusters campaign in Edinburgh. Here she tells us what they’ve been up to. As a full time Labour [...]
Surrounded by problems caused by legal loansharks in north London, Andy Hull, a Labour councillor for Highbury West and Co-Chair of the Islington Fairness Commission, takes a look at ways that local councils and the co-operative movement can tackle payday lenders and support communities.
Last night the government recognised the need to cap the interest rates charged on payday loans, responding to a debate in the House of Lords on a proposed amendment to the Financial Services Bill.
The Co-operative Party’s Development & Campaigns Officer Rebecca Mattingly previews tonight’s Labour Party Conference event. Today at Labour Party Conference, the Co-operative Party will join with Movement for Change for an End Legal Loansharking campaign training session. Speakers including Rt Hon Tessa Jowell MP and Stella Creasy MP will build on growing activism around the [...]
Co-operative Party member Hannah Lister reports on the recent Summerfest training event for Co-operative Party activists on our new campaign to end legal loan sharking and promote credit unions as a safer, more affordable alternative. The fight against loansharks and the promotion instead of fair and transparent Credit Unions is something that is a high [...]
Summerfest – the Co-operative Party’s National Training Event – is changing. **UPDATE** Speakers include Chris Evans MP; Stephen Yeo of the Co-operative College; Karin Christiansen; Ben Maloney and Stewart Owadally of Movement for Change; Kirsty McNeill; Gavin Shuker MP This year, our event takes place Friday 3 August to Monday 6 August at the Woodbrooke Study [...]
London councillor and Co-Chair of the Southwark Co-operative Party Claire Hickson describes the work she has been doing to halt the spread of payday loan shops in her community and promote credit unions as an affordable co-operative alternative. Last week, I went to Southwark’s planning committee for a second time to ask my fellow councillors [...]
Co-operative MP Stella Creasy has tabled an amendment to the Financial Services Bill which has cross party support, including from Conservative MPs. This would give regulators powers to tackle the problems caused by legal loan sharking. Please help this become law by asking your MP to join us and vote for this amendment next Monday 23 April 2012. The [...]
There are yet more payday lenders arriving in Walthamstow – two new shops have opened recently on the High Street, another Money Shop as well as a business called Cash Generator. As we near the end of the month and local people find their pay packets stretched to breaking point, I’m asking you to join [...]