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New rules introduced by the FCA have made it impossible for the vast majority of short-term, high-cost lenders to survive
FCA says 99% of the UK’s 400 short-term loan providers would be forced to shut down when its cap on the cost of credit comes into effect
Payday lender’s name may go – but only after it has achieved respectability
UK payday lender to consider changing name after second setback in three days
Group’s revenues fall and lending goes into reverse as it also battles wave of departures
Institutional investors like the fact the funds are easier to access and exit than primary funds
Group vows to constrain growth and improve governance
The buccaneering style that brought the lender success now is now a liability, writes Jonathan Ford
The poorest often subsidise financial services for the richest
Regulatory scrutiny ratchets up amid fake letters scandal
Britain’s largest payday lender must play by the rules
IPO prices peaked since March – but quality may be deteriorating
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