Author Archives: Carl Packman

Debt is still the problem in this cost of living crisis

Kerry Catonaj

Debt, rather than earnings, is being used to cover living costs, writes Carl Packman.

Posted in Sustainable Economy | Tagged , , , , , , , | 1 Response

The cost of credit must be capped fairly

Payday loans streetj

It’s no longer fair for consumers to bear the large, usurious costs associated with loose regulation.

Posted in Sustainable Economy | Tagged , , , , , | 1 Response

While payday didn’t cause the financial crisis, it does benefit from it

Payday lendersj

Encouraging the FCA to be even more tougher with the industry is of vital importance.

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It’s official: payday lending is the most harmful type of debt

Payday lendersj

A new report has called payday lending the most harmful type of debt that an individual can obtain.

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Payday lenders leaving the market: what this means for responsible lending

Money SHopj

It has been revealed today that around a quarter of payday lenders will exit the market after the Financial Conduct Authority pick-up the baton for consumer credit regulation.

Posted in Sustainable Economy | Tagged , , | 1 Response

The Rushdie affair is as important today as it was 25 years ago

Salman Rushdiej

On this day 25 years ago, the Ayatollah Khomeini issued a fatwa calling on Muslims to execute everyone involved in the publication of Salman Rushdie’s 1988 novel The Satanic Verses.

Posted in Good Society | Tagged , , , , | 6 Responses

UK banking regulation is still too weak: a response to Respublica

Bankingj

Carl Packman examines Respublica’s new report on civic finance and the commercial potential of Community Development Finance Institutions.

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Is George Galloway really the authentic voice of all Muslims everywhere?

There are several problems with Galloway’s entry into the debate surrounding Maajid Nawaz.

Posted in A Britain We All Call Home | Tagged , , , | 40 Responses

The Bank of Salford shows how to challenge the big five banks

Mainstream banking facilities have all but disappeared from low income areas. The Bank of Salford offers an alternative model.

Posted in Sustainable Economy | Tagged , , , , , , | 2 Responses

Competitor banks are needed to shake up the system

Competitor banks to shake up the system should primarily have community interests as its focus. What Miliband is signalling at today is a good first move.

Posted in Sustainable Economy | Tagged , , , | 2 Responses
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