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Ed Miliband promises councils powers to ban payday lenders

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  • Ed Miliband promises councils powers to ban payday lenders

    Labour leader Ed Miliband has promised to give councils more powers to ban payday lenders, pawnbrokers and bookmakers from town centres.

    Launching his party's local election campaign, he said it would "stand up for those without power" and criticised "extortionate" rates of interest.

    Mr Miliband accused ministers of "not standing up to powerful interests".

    The elections, involving 36 councils in England and one in Wales, will take place on 2 May.

    --> BBC News - Ed Miliband promises councils powers to ban payday lenders
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