Labour pledges cap on overdraft fees and interest payments

Shadow chancellor John McDonnell says he wants to end the "national scandal" of poor families in debt.

from BBC News - Business https://ift.tt/2ra5jQT

Comments

Post a Comment

Popular posts from this blog

New top story on Hacker News: Show HN: Zipy.ai - Like Sentry + Hotjar, but with less noise

Show HN: Zipy.ai - Like Sentry + Hotjar, but with less noise 11 by msnkarthik | 5 comments on Hacker News. Hey HN commmunity, Karthik here! Super stoked to announce the launch of Zipy today. Launching the product that you've been so dearly working on for months is like sending your newborn to school for the first time. Excitement to nervousness, anxiety to thrill, all sorts of emotions hit you at the same time. But the entire team of Zipy is confidently looking forward to the feedback you guys have in store for the beautiful product we’ve built. In community we trust! Over the past decade, from being a Web Development Intern to a UX Designer and a Product Manager, I have seen the struggles that both Frontend Dev and Product teams face in terms of understanding user behavior and debugging customer issues. Web technologies evolved significantly, but the debugging process still remained in the stone age. With Zipy, we are trying to change this. Zipy is a product that is primarily o
Read more

Seattle Is Socialism’s Laboratory, and It’s Not Pretty

Image
Democratic socialists are in the middle of a hostile takeover of the Democratic Party. Led by the Bernie Sanders presidential campaign and the “squad” of newly elected congresswomen, the hard-left coalition has laid out an ambitious agenda to transform the United States into a democratic socialist nation. While many commentators have dismissed the rhetoric around the Green New Deal, Housing for All, and End Cash Bail as pie-in-the-sky abstraction, in Seattle, the socialist coalition is quickly translating this agenda into a political reality.After the socialist Left’s stunning victory over business-backed moderates in last year’s municipal elections, Seattle has effectively become the nation’s laboratory for socialist policies. Since the beginning of the year, the socialist faction on the Seattle City Council has proposed a range of policies on taxes, housing, homelessness, and criminal justice that put into practice the national democratic-socialist agenda. In the most recent session,
Read more

Scallops row warnings 'fell on deaf ears', say UK fishermen, after French 'hurl rocks and smoke bombs' at boats

Image
British fishermen have claimed that warnings about an extraordinary clash over scallops in the English Channel fell "on deaf ears". French mariners have been accused of endangering the lives of their UK counterparts after rocks, smoke bombs and other projectiles were allegedly hurled at English and Scottish vessels during the confrontation in the early hours of Tuesday. Around a dozen British boats were targeted by the rival flotilla in a protest over fishing rights in the scallop-rich waters exacerbated by Brexit talks. The Government said it had contacted officials in France about the matter, adding the vessels were "legally entitled" to fish in the area. But some British fishermen have claimed they had previously reported similar skirmishes over the past two years to the authorities. "Nothing happened, it just went on deaf ears," said Brixham-based mariner Derek Meredith. Around a dozen UK fishing boats were targeted by a rival French flotilla in the En
Read more