Buy-now-pay-later lenders should be regulated urgently to prevent young consumers taking on a mountain of debt they may be unable to afford, the Labour MP Stella Creasy has said.
Creasy, the MP for Walthamstow, called a debate in parliament yesterday to draw attention to the rapid growth of companies such as Klarna.
“My concern is that the speed at which this industry is moving, with the failure of the government to act as quickly, will have very severe repercussions for consumers this Black Friday, and this Christmas,” she told the Guardian before the debate.
Denne historien er fra November 24, 2021-utgaven av The Guardian.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra November 24, 2021-utgaven av The Guardian.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
Climate Crisis To Blame For Formerly 'Impossible' Heat, Studies Reveal
At least 24 previously impossible heatwaves have struck communities across the planet, a new assessment has shown, providing stark evidence of how severely human-caused global heating is supercharging extreme weather.
Borthwick claims players were unfit for start of series
Steve Borthwick has claimed his England players were not fit enough for Test rugby when they began their autumn internationals after Saturday's defeat by South Africa extended their dismal losing run.
Exciting times ahead' Carsley hails new generation as he hands over to Tuchel
Lee Carsley predicted that competition for places in Thomas Tuchel's first squad will be fiercer than ever, after his stint as England's interim head coach ended with a 5-0 thrashing of the Republic of Ireland in the Nations League.
Kane has been the defining player of a successful era, but this thing has run its course
Below the hum of the crowd every time Kane took the ball, he was rearranging his legs like a pantomime horse
Harwood-Bellis starts party as Carsley signs off with promotion
It was an England salvo of devastating power, three goals in five minutes early in the second half and it did more than reframe an occasion that had been flat and forgettable until then.
'I saw my name on the Euros list. There was shock then happiness'
Ayoze Pérez hopes to make history for Spain in Tenerife tonight after goal rush since leaving England for La Liga
Direct Doak convinces Clarke he is the present and future
Scotland's teenage forward set to keep his spot against Poland after terrorising Gvardiol in win over Croatia
Beard vents over penalty error as Everton edge derby
An exasperated Matt Beard claimed the match officials had cost his Liverpool team the Merseyside derby, after a controversial penalty enabled Everton to claim their first win of the Women's Super League season and move off the bottom of the table.
Clever Slegers impresses but Arsenal cannot rush appointment
Watching Arsenal coast to victory at Tottenham on Saturday, you could have been forgiven for forgetting that they are without a permanent manager.
Beaten, bruised England are not in crisis mode yet
Defeat by South Africa was to be expected but the Six Nations looms as kill or cure for Borthwick's project
