After its regular appearances as the whipping boy for all that is bad in payday lending, Wonga is attempting to offer a new face to customers - and its critics.
Andy Haste, the former chairman of the insurance giant, RSA (owner of More Than), is to become chairman of the company and his first job will be to announce a review of how the business operates. Part of that will be to clean up Wonga's advertising and Mr Haste told me that the Wonga grandparent puppets will go. He said Wonga did not want to be associated with "anything which inadvertently attracts children". Mr Haste will also look at advertising during children's programmes as part of the review. The payday loan sector as a whole has been criticised for advertising during children's programmes. Ofcom is already looking at the situation.....Read more here