Outrage as Labour consults Wonga on policy
Tuesday 05 March 2013
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EmailTax campaigners voiced outrage today that loan shark Wonga and corporate accountants have been invited to speak at a Labour Party seminar.
The party's One Nation policy review in April is set to feature a seminar on how the party should deal with household debt, featuring speakers from credit unions, the Equity Release Council representing mortgage lenders and a "representative from Wonga."
The notorious payday loans firm has long courted controversy over its cuddly marketing and aggressive tactics, including interest rates of 4,214 per cent a year.
Meanwhile tax campaigner Nick Shaxson was gobsmacked by the line-up on One Nation Labour's tax reform, including corporate accountants PriceWaterhouseCoopers and the Institute of Fiscal Studies.
"This is absolutely, utterly outrageous," Mr Shaxson said. "On this evidence, the City has captured the Labour Party. If so, God help us all."
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