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PM's Adviser joins Wonga

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  • PM's Adviser joins Wonga

    Cameron adviser to become lobbyist for Wonga

    Stella Creasy accuses payday lender of 'targeting highest echelons of government' over news Jonathan Luff is to join firm

    Downing Street has been challenged by a campaigning Labour MP to answer a series of questions after an adviser to David Cameron resigned his post to become a lobbyist for the payday lender Wonga.


    Stella Creasy, who has criticised the crippling interest rates charged by such companies, warned that payday lenders were now "targeting the highest echelons of government".


    Creasy issued a statement on her website after Wonga confirmed that Jonathan Luff, a senior No 10 adviser, was to lead its government affairs team. The appointment was revealed by Mark Kleinman, the city editor of Sky News. Luff tweeted on Monday: "Home. What an extraordinary week. Huge thanks to friends both old and new. #onwards"


    Downing Street declined to comment on the appointment of Luff, who was on secondment to Downing Street from the Foreign Office, on the grounds that it did not discuss individuals. Luff is a civil servant and is not a politically appointed special adviser.


    Creasy said: "Like many other legal loan sharks, Wonga is making massive profits from preying on consumers in Britain's poorly regulated consumer credit market. They have used these profits to target our football clubs and Saturday night TV, and now they are targeting the highest echelons of government. Those Britons struggling with debts caused by payday lending and wondering why the government is doing nothing to help them."

    The MP has asked four questions:

    • Will the government confirm that Luff's appointment has been approved by the advisory committee on business appointments?

    • Will the government confirm whether Wonga was involved in Luff's work for the government's Great Britain campaign?

    • Will the government outline all contacts between No 10 officials and high-cost credit card companies while Luff worked in Downing Street?

    • Will the government confirm that Luff will be forbidden from contacting former colleagues in his new post?

    Creasy added: "This appointment only further raises concerns about how seriously this government takes personal debt. When most other countries have capped the costs of credit to protect their citizens from the debts this type of lending can cause, British consumers urgently need to know whose side their prime minister is on – theirs or the legal loan sharks?"

    http://www.guardian.co.uk/politics/2...lobbyist-wonga
    Tags: None

  • #2
    Re: PM's Adviser joins Wonga

    I blame it on Labour pmsl

    Comment


    • #3
      Re: PM's Adviser joins Wonga

      Lol!

      Seriously though, what does it tell you about the ethics of Cameron's team?

      Comment


      • #4
        Re: PM's Adviser joins Wonga

        Words like "gutter" and "sewer" come to mind.
        Life is a journey on which we all travel, sometimes together, but never alone.

        Comment


        • #5
          Re: PM's Adviser joins Wonga

          Earlier this month the Daily Telegraph revealed that Conservative ministers agreed to hold meetings with Wonga at the Tory party conference in exchange for payments to the party.
          Business executives were charged £1,250 for face-to-face meetings with ministers at which they were invited to help “develop” business-friendly policies in sessions likened to 'speed dating'.
          http://www.telegraph.co.uk/news/poli...for-Wonga.html


          Comment


          • #6
            Re: PM's Adviser joins Wonga

            I was just about to post a link to this when I saw yours. I think this is truly disgusting and all opposition MP's should be lobbied to call them to account for this. This company makes the lives of thousands of people a living hell.

            We now have Wonga sponsoring Newcastle United, TV Programs and funding CAB surveys. They are putting a glossy public image out there as a 'mainstream' lender.

            Unfortunately my experience, and that of many others, of how they operate is anything but glossy, regardless of whether they claim they are cleaning up their act.

            Simple fact is a loan which is advertised at 4,000% APR plus is going to be aimed at those who cannot get loans elsewhere.

            Absolutely disgusting!
            Last edited by labman; 30th October 2012, 19:33:PM. Reason: Add content

            Comment


            • #7
              Re: PM's Adviser joins Wonga

              Well after the Leveson Enquiry shocks and the arrest of half of Cameron's pony riding mates......this story just seemed depressingly inevitable.
              "Although scalar fields are Lorentz scalars, they may transform nontrivially under other symmetries, such as flavour or isospin. For example, the pion is invariant under the restricted Lorentz group, but is an isospin triplet (meaning it transforms like a three component vector under the SU(2) isospin symmetry). Furthermore, it picks up a negative phase under parity inversion, so it transforms nontrivially under the full Lorentz group; such particles are called pseudoscalar rather than scalar. Most mesons are pseudoscalar particles." (finally explained to a captivated Celestine by Professor Brian Cox on Wednesday 27th June 2012 )

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              Comment


              • #8
                Re: PM's Adviser joins Wonga

                i wonder how much wonga has donated to the tory party????

                seems the nasty party is looking after its business cronies again and sod the social deprivation these payday swine companies cause

                Comment


                • #9
                  Re: PM's Adviser joins Wonga

                  You sure he is not simply looking for some money for GO's train fare?
                  'I don't see why everyone depends on me. I'm not dependable. Even I don't
                  depend on me, and I'm me.'

                  Comment


                  • #10
                    Re: PM's Adviser joins Wonga

                    Apart from the very sad fact some are using this company to buy food and heating and just borrowing to get by to the next week that never happens.
                    I did read yesterday because it takes 15 mins and they are available 24/7 many youngsters are on a night out and getting these loans to carry on boozing, gambling or whatever, I know many will say this is their own fault but is it? is it not just irresponsible lending?

                    Comment


                    • #11
                      Re: PM's Adviser joins Wonga

                      Going off topic a little with that last post, as the topic is about a man who has been advising our so called Prime Minister and has now taken a position where he will be lobbying our already weak kneed MPs into thinking this kind of outfit are all for own good and that regulation other than that already in place (virtually none as I can see) is all that is needed.
                      I really wish these pompous ********s who keep preaching about 'borrowing, borrowing, borrowing is the not the right tactic' could get in the real world and see many would starve if they didn't.
                      PS that message from they who have borrowed more than ever and have brought the deficit down this quarter by shoving ALL the taking for Olympic tickets from no matter when they were sold into their figures lol, lets see how we fair next quarter eh!

                      Comment


                      • #12
                        Re: PM's Adviser joins Wonga

                        Originally posted by enaid View Post
                        I know many will say this is their own fault but is it? is it not just irresponsible lending?
                        Not sure this is too far off topic to be honest Enaid - all part and parcel. I agree with your question above. My stepson is an alcoholic drug addict who will do literally anything to get money. If he picks up the slightest sniff of a loan he will get it, with no thought as to how to pay it back whatsoever. That is his illness, his addiction, his achilles heel - call it what you will, but he is not being irresponsible, he lacks the capability to be responsible. There is a subtle difference.

                        I wonder how Eton and Harrow etc... would react if it were pointed out to them how well their education system prepares their pupils for real life, not that many will ever experience real life. As my Brother in Law said to me once after I'd made a daft decision, "You can have all the education in the world, but it does you bu99er all use if you've got no common sense!"

                        Comment


                        • #13
                          Re: PM's Adviser joins Wonga

                          Politicians (utopia on the never-never), and usurers. What's to choose? Why is anyone surprised?

                          Comment


                          • #14
                            Re: PM's Adviser joins Wonga

                            Originally posted by labman View Post
                            "You can have all the education in the world, but it does you bu99er all use if you've got no common sense!"
                            Your brother in-law appears to be my mum!!!!!! Or is it just that they were both brought up in wise households?

                            The borrowing connection is the irony, as spotted by Enaid. This is a fundamental hypocrisy in their policies and the wisdom of their advisers.
                            'I don't see why everyone depends on me. I'm not dependable. Even I don't
                            depend on me, and I'm me.'

                            Comment


                            • #15
                              Re: PM's Adviser joins Wonga

                              I Googled Christmas 2012 a Christmas countdown, I was going to put it on here just for info, a lovely image counting down the hours and minutes showed up then at the bottom of the image

                              "Need Money Now? Short term loans from" you know who

                              So you will have to do it the old fashioned way and cross a line through yer calender lol

                              Comment

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