Coalition backing Labour’s pay day loans campaign at last

I am delighted that the Conservative and Lib Dem Coalition have finally decided to back Labour MP Stella Creasey’s three-year-long campaign to cap the cost of payday loans.

Perhaps if Simon Kirby, MP for Brighton Kemptown and Peacehaven, had not wasted his vote and argued against it, at Committee level in May 2012, the 1.2 million people expected to take out such loans to pay for Christmas this year could rest just a little easier over the festive period and New Year.

Nicky Easton

Member, Meridian Branch
Labour Party