The Financial Conduct Authority will set a cost cap of 0.8% per day for payday lenders, it has announced today.
The financial services regulator says the cap on high-cost, short-term lenders will be introduced in January.
The Financial Conduct Authority will set a cost cap of 0.8% per day for payday lenders, it has announced today.
The financial services regulator says the cap on high-cost, short-term lenders will be introduced in January.
The latest clampdown on the industry was unveiled by the FCA in July and confirmed today following a consultation period.
In a statement on their website, the FCA's chief executive officer, Martin Wheatley, said:
The Democratic presidential candidate may also have shown his cards on his choice of running mate.
The US president also shared a post on Twitter accusing Dr Anthony Fauci of misleading the public over hydroxychloroquine.
Fears over an impending second wave of coronavirus dominates Wednesday’s front pages.