Never Wonga For Long

20130726-084603.jpg

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…




Tip offs: 0709 284 0531
team@Order-order.com

Quote of the Day

Rowan Atkinson tells The Times

“All jokes about religion cause offence, so it’s pointless apologising for them. You should really only apologise for a bad joke. On that basis, no apology is required.”

Sponsors

Guidogram: Sign up

Subscribe to the most succinct 7 days a week daily email read by thousands of Westminster insiders.
Fry, Hislop, Merton &Guardian All Mocked Burka Fry, Hislop, Merton &Guardian All Mocked Burka
Corbyn’s Home Pranked By Jewish Activists Corbyn’s Home Pranked By Jewish Activists
Rowan Atkinson on Boris Rowan Atkinson on Boris
Who Can Beat Corbyn? Who Can Beat Corbyn?