A charter aimed at toughening up regulation and enforcement against payday lenders is being launched today in Parliament by a Labour MP. Paul Blomfield, Labour MP for Sheffield Central, is launching the ‘Charter to Stop the Payday Loan Rip-Off’ as the latest step in his campaign for tougher regulation of payday lenders following on a bill he submitted earlier this year. Blomfield is launching the Charter in response to the Financial Conduct Authority’s recent proposals for regulating payday lenders, which he says are a step in the right direction but do not go far enough.....Read more here