http://www.guardian.co.uk/money/2013/may/26/payday-lenders-break-reform-pledges?guni=Keyword:news-grid%20main-1%20Main%20trailblock:Editable%20trailblock%20-%20news:Position4 Tory donor's bid to curb job security Adrian Beecroft Chair of Dawn Capital, whose portfolio includes Wonga.com Payday loan boss donates £530K to the Tory party. Cameron asks him to examine how employment law could be overhauled and Mr Beecroft has recommended ditching unfair dismissal rules. Payday loans This news comes at the same time as Citizens Advice report that "Payday lenders" have broken 12 of the 14 industry pledges in the industry charter which was launched 6 months ago. The problem with so called "self regulation" of this (or of any industry) is that it just doesn't work. Unless the "guidelines", "charters", "pledges" or any of the other promises made by the membe...
