Fears over lending grow as 85% of new cars are financed using loans but car leasing lacks industry-wide figures for arrears and defaults… MPs and debt charities have called on the car leasing industry to reveal the number of people in arrears and defaulting on loans, amid fears that consumer…
We’re all tired of elections but there’s one final round of voting here in parliament and I am running to become chair of the hotly-contested Treasury select committee. We’d be failing in our duty if we allowed the Treasury committee to become a tool for settling old scores or for…
The race is on to elect a new chair for the Treasury select committee after the powerful position was left vacant when influential lawmaker Andrew Tyrie announced he was leaving parliament. Writing exclusively for City A.M., John Penrose makes his pitch for the job. This Parliament will create a new,…
Extract from an article in The Times, where John says that Taxpayers were ‘fleeced’ over Worldpay deal… MPs have attacked the way Royal Bank of Scotland was forced into fire sales of assets by European regulators, as the state-owned bank’s disposal of Worldpay in 2010 came under the spotlight. “The British…