Never Wonga For Long

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It was all going so well for the ABC. Justin Welby’s policy of putting Wonga out of business through old fashioned market-based competition had won him plenty of admirers. Certainly pushing his capitalist credentials a lot more convincingly than his predecessor, who no doubt backs a more statist solution. Even Ed’s guru Maurice Glasman was on board. Then an almost perfect scoop from the FT: the Church invests pension funds in Wonga through Accel, a US venture capital firm.

Welby has been in full crisis comms mode on Today this morning. Awkward…




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Dame Laura Cox report into Pestminster slams Bercow and his team…

“I find it difficult to envisage how the necessary changes can be successfully delivered, and the confidence of the staff restored, under the current senior House administration.”

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