for finance suggests the cost of living crisis is pushing more people into the hands of unscrupulous or illegal money lenders. a business reporter has the details. i ve got a warrant here. no, open the door. we ll explain what is going on as soon as we come in. as prices in the uk rise, officials are trying to crack down on those taking advantage of the cost of living crisis. in this case, illegal money lenders. with more regulation around payday loans and home credit, there are limited options for those who struggle to borrow money. it seems some might be turning to loan sharks, who offer cash loans without any paperwork, but at a price. notjust exorbitant rates of interest, but sometimes threats of violence. i wanted to understand how those desperate enough to use their services might be exploited, so i ve come to meet d. he says he s an enforcer. he collects debts. we re not using his real name.
scheme. it is why we are just the first homes and shared ownership schemes to get people onto the housing ladder and crucially, it is why we cut stamp duty so now what we have seen is the highest number of first time buyers in 20 years, mr speaker. that is twice the number at the labour party ever managed. mr the labour party ever managed. iii speaker, the labour party ever managed. m speaker, it is housing crisis, what crisis? with this prime minister. he must be the only person in the country that thinks enough houses have been built in the last 13 years. whether it is those dreams of getting the first case of their first home or those already with mortgages, the ambitions of families across the country have been crushed by his failing tory government. house building at its lowest rate since the war because he cannot stand up to his own party. a tory mortgage bombshell because they crashed the economy. millions left without support because he won t
now for 1323 days and he has delivered. he has delivered the largest national peacetime debt ever, the largest tax burden since the second world war, the highest core inflation since 1991, the fastest interest rate rises since 1989 and the biggest full in living standards in our history. so, will he stop lecturing my constituents about holding their nerve, ditch the lame excuses, and admit that he is literally the worst person to be leading this country to a cost of living crisis s? mr leading this country to a cost of living crisis s? leading this country to a cost of living crisis s? mr speaker, again, what to be living crisis s? mr speaker, again, what to be here living crisis s? mr speaker, again, what to be here from living crisis s? mr speaker, again, what to be here from the - living crisis s? mr speaker, again, what to be here from the party i what to be here from the party opposite? only ideas that would make the salute situation for. the honourable gentleman is that th
written by the government explaining what it was going to do with the finest scientists and economists in the country and we came to the conclusion that they have gone backwards from last year because they really have not done all the things they could have done. with the cost of living crisis, the up to have increased the number of renewable energy because that is the cheapest way of providing energy with the energy security problem, that was also necessary, so it is notjust that was also necessary, so it is not just for climate that was also necessary, so it is notjust for climate change. these things need to be done for the other priorities that the government should have. i priorities that the government should have. priorities that the government should have. ., ., h, should have. i am reading the report here, it should have. i am reading the report here. it says should have. i am reading the report here, it says that should have. i am reading the report here, it says that on