Britain | Out of credit
Wonga’s woes spell the end of the payday-loan era
But as short-term lenders go under, Britain’s debt problem is growing
UPDATE Aug 30: Shortly after this article was published Wonga said it was putting itself into administration.
This article appeared in the Britain section of the print edition under the headline “The Wonga paradox”
Britain September 1st 2018
- How Brexit could change the face of rural Britain
- Farmers adapt NASA’s Mars rover to raise chickens
- Pressure grows on Labour to back a referendum on a Brexit deal
- Ian Paisley’s suspension gives voters the chance to force an election
- The puzzle of Britain’s unhappy girls
- Wonga’s woes spell the end of the payday-loan era
- Britain’s belated charm offensive in Africa
- Britain’s new generation of soldier-statesmen
From the September 1st 2018 edition
Discover stories from this section and more in the list of contents
Explore the editionMore from Britain
Britain’s family courts are opening up to reporters
Transparency and privacy can work together
Has the Royal Navy become too timid?
A new paper examines how its culture has changed
A plan to reorganise local government in England runs into opposition
Turkeys vote against Christmas
David Lammy’s plan to shake up Britain’s Foreign Office
Diplomats will be tasked with growing the economy and cutting migration
Britain’s government has spooked markets and riled businesses
Tax rises were inevitable. Such a shaky start was not
Labour’s credibility trap
Who can believe Rachel Reeves?