A payday lender has been branded "irresponsible" after it published a blog suggesting people could take out a loan to fund Jubilee celebrations. Payday Bank said the Diamond Jubilee presented the "perfect opportunity" to celebrate in true British style. It concluded: "If you want to boost your Jubilee spending pot, a same day loan could provide the cash you need." The company's website said the interest payable on a £180 loan is £45 if paid back in full within 28 days. The APR is given as a variable rate of 1,737%. The article has been condemned by campaigners and a debt advice charity. The online piece suggested people throw a party, get their children involved in making bunting, watch coverage of the various public events on TV and head to London to watch the pageant on the Thames. It was tagged with a number of search terms including "ways to save money"....Read more here: BBC News - Payday lender criticised for