God's Bankers: Church of England Wages War on Loan Sharks

SPIEGEL ONLINE - International - United Kingdom 2013-08-07

Summary:

The UK's thriving payday loan sector is in hot holy water. The new head of the Church of England, an 11-year oil-industry veteran, is hoping to undercut the business by forging ties with credit unions to offer better interest rates to the poor.

Link:

http://www.spiegel.de/international/business/archbishop-welby-of-church-of-england-goes-after-payday-loan-business-a-914936.html#ref=rss

From feeds:

euro-exit ยป SPIEGEL ONLINE - International - United Kingdom

Tags:

Date tagged:

08/07/2013, 04:04

Date published:

08/06/2013, 08:01